Creating benchmark models based on more than a decade of experience on the shop floor
Using BaaS, we apply APD’s Open Book cost model knowledge to find gaps in existing cost breakdown data to find a better price. Since 2004, we have walked more than 850 shop floors, developing commodity cost models to benchmark purchasing activities. BaaS applies this knowledge to your spend.
Best Practice Benchmarking – We compare your cost metrics and performance data against our expertise working with hundreds of purchasing organizations in manufacturing settings for optimal pricing results.
Benchmarking Case Study
The CEO and COO of a $1.4 billion automotive supplier wanted to transform their purchasing organization and practices in preparation for emergence from Chapter 11. Additionally, management sought an immediate improvement in bottom-line performance though purchasing and supply initiatives. APD conducted a thorough benchmark analysis of the purchasing organization and processes and developed a plan for rapid improvements. We uncovered $2.8 million of savings on transportation costs by implementing improved measurement and control. In total, APD identified more than $5 million of savings with a first year return of $4 for every $1 invested.