Case Study: Kingfisher improves raw material cost visibility with Mintec

Kingfisher - Customer Case Study

Kingfisher, the international home improvement retailer behind brands such as B&Q, Castorama and Screwfix, needed a better way to track how raw material cost volatility affected supplier pricing across tens of thousands of SKUs. To improve visibility and respond faster to cost price increases, the company worked with Mintec Analytics, using its independent market price data and intelligence tools.

Mintec provided Kingfisher with visibility into the raw materials used in its products, including metals, plastics, wood and energy, along with reliable price data to analyse supplier costs and build accurate cost breakdowns. The result was stronger cost control, quicker responses to price rises, better leverage in supplier discussions, and increased buying productivity, with less time spent sourcing and compiling market data.

Kingfisher

Stanley Chan

Sourcing Intelligence Lead