Case Study: a global chemical manufacturing company boosts supplier discovery and savings with TealBook

Data Solutions for Evolving Organizations

A global chemical manufacturing company struggled with outdated and inefficient procurement processes, relying on a limited set of long-term suppliers. This led to missed savings, a lack of innovation, and an inability to quickly identify new suppliers for its products. The company chose TealBook's supplier data platform to modernize its sourcing and drive organizational transformation.

By implementing TealBook, the company gained a powerful tool for supplier discovery and evaluation without needing additional personnel or complex integrations. The results were substantial: commodity savings increased from 11% to 22%, and the company identified 15 new suppliers per category. TealBook also helped save $190,000 and 238 workdays, enabling reduced spend and increased revenue.