Case Study: Viking Yachts boosts supplier visibility and reduces safety stock with SourceDay

Viking Yachts boosts supplier acknowledgment to 96% with SourceDay

Viking Yachts, a premier luxury yacht builder, faced supply complexity and production delays due to manual purchase order management and a lack of visibility into supplier responsiveness. Without an MRP system, their purchasing team spent excessive time manually following up with hundreds of suppliers to confirm POs and track deliveries. To address this challenge, they implemented the SourceDay platform.

SourceDay streamlined the PO management process by introducing automated workflows, which dramatically improved supplier communication. The solution provided real-time visibility into the status of every PO line item. As a result, Viking Yachts achieved a 96% supplier acknowledgment rate and an 88% response rate. Their on-time, in-full delivery rate more than doubled, and the enhanced predictability allowed them to significantly reduce the amount of safety stock kept on hand.

Viking Yachts