Case Study: a global food and beverage company doubles diverse spend with Supplier.io

How a global Food & Beverage company doubled diverse spend

A global food and beverage company was struggling with an ineffective supplier diversity program due to severe data quality issues. Their challenges, which included multiple incomplete data sources and manual, error-prone processes, were obscuring the true scale of their diverse supplier spend. They partnered with Supplier.io and IBM Business Process Outsourcing Services to address these reporting inaccuracies and gain a clear picture of their program’s performance.

The solution from Supplier.io and IBM involved automating data integration and cleansing processes to combine various spend sources and incorporate Supplier.io’s diversity data. This effort more than doubled the client’s detectable diverse spend in one quarter, uncovering over $100 million that was previously hidden. The automated solution also saved over 80 hours of manual work per quarter, freeing the team to focus on strategic initiatives and significantly enhancing reporting accuracy.