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Looxent provides clients with practical and implementable solutions, driving fundamental change that leads to significant improvements in business value. Through this approach, Looxent positions itself as the most trusted partner for clients, consistently proving its reliability and commitment.

Materials & ChemicalsCompletion of Advanced Purchasing Benchmarking Project for Cable and Power Component Company

The client, facing challenges such as increased purchasing volume and complexity, the need for integrated purchasing across various businesses, restructuring of roles and responsibilities between business units and procurement, organizational improvements, and system upgrades, sought to identify optimal solutions through benchmarking against leading domestic companies.

Leveraging its expertise in procurement, advanced benchmarking experience, and extensive network, Looxent successfully completed the two-month project with the following scope of work:

  • Comprehensive benchmarking planning and desk analysis of target companies.
  • Training sessions for client representatives on advanced procurement techniques and benchmarking methodologies.
  • Direct visits and interviews with the target companies in collaboration with the client.
  • Integration of the client’s purchasing challenges with benchmarking insights to develop actionable improvement directions.
  • Delivery of a detailed benchmarking results report.

Through this project, the client gained a clear perspective on improvement directions across organizational, process, performance enhancement, and system dimensions. Additionally, the client developed a concrete and actionable strategy for implementation.

The benchmarking provided a practical opportunity to examine advanced procurement systems firsthand and establish future operational strategies based on objective insights, leaving the client highly satisfied with the process and results.



LOOXENT

A  21F. Parc.1 Tower2, 108, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea 07335

T  02-546-8222      F  02-546-8226      E  service@looxent.com 

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© 2024 LOOXENT. ALL RIGHTS RESERVED.


LOOXENT

A  21F. Parc.1 Tower2, 108, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea 07335

T  02-546-8222      F  02-546-8226

E  service@looxent.com 

© 2024 LOOXENT. ALL RIGHTS RESERVED.