The Challenge: Rising Costs & Unreliable Suppliers
In 2023, , a large industrial equipment producer, faced a crisis:
-
Material costs had surged by 35% due to post-pandemic supply chain disruptions.
-
Supplier delays caused production stoppages, costing them $2.5m in lost revenue in just six months.
-
In-house procurement was overwhelmed, struggling to vet new vendors while managing day-to-day orders.
They needed a solution—fast.
The Solution: Partnering with Kwalified
After a consultation, SteelCraft onboarded Kwalified’s end-to-end procurement service. Here’s how we turned things around:
1. Cost Reduction Through Strategic Sourcing
-
Identified 3 alternative suppliers for steel and aluminum, reducing material costs by 18%.
-
Negotiated bulk discounts by consolidating orders with other Kwalified clients.
-
Eliminated rush-order fees with predictive inventory planning.
*”Kwalified’s sourcing team found us a high-quality steel supplier in Vietnam at 22% lower cost than our U.S. vendor—without compromising lead times.”*
— Mark R., COO
2. Supply Chain Stabilization
-
Pre-qualified backup suppliers in Asia and Poland to mitigate geopolitical risks.
-
Implemented real-time tracking for shipments, reducing delays by 40%.
-
Automated reorder triggers to prevent stockouts.
3. Freeing Up Internal Resources
-
Reduced procurement workload by 70%, allowing their team to focus on production efficiency.
-
Eliminated invoice errors with Kwalified’s 3-way matching system.
The Results: A Leaner, More Profitable Operation
Within 12 months, SteelCraft saw dramatic improvements:
| Metric | Before Kwalified | After Kwalified |
|---|---|---|
| Material Costs | +35% YoY increase | 18% reduction |
| Supplier Lead Times | 8–12 weeks | 4–6 weeks |
| Production Downtime | 15 days/year | 3 days/year |
| Procurement Labor Costs | $180K/year | $60K/year |
Why More Companies Choose Kwalified
This success story isn’t unique. Businesses partner with Kwalified because we deliver:
✅ Real cost savings (not just promises).
✅ Supply chain resilience (no more panic over delays).
✅ Scalability (whether you’re growing or navigating a downturn).
Could Your Business Benefit Like they Did?
If rising costs or unreliable suppliers are hurting your bottom line, Kwalified can help.
📞 Contact us today for a free procurement audit and discover how much you could save.