Archive for the ‘Success Stories’ Category

17% Corrugated savings achieved utilizing Provident RightSourcing process

A leading manufacturer of specialty cheeses engaged Provident to conduct a strategic sourcing review of their corrugated purchases.  Using our Right Sourcing methodology Provident provided strong, viable award recommendations to the client.  As a result of this recommendation, the client awarded the business and was able to realize immediate benefits of the significant savings.

20% savings achieved via Packaging RightSourcing

Provident was engaged by a food service supplier to conduct a market review and strategic sourcing of their packaging requirements.  This client was being pressured by their end customer to reduce costs via ingredient, packaging and logistics improvements.  After a rigorous evaluation of supply proposals outlining service, quality and pricing using our Right Sourcing methodology, [...]

Sustainability goals accelerated for CPG company

Provident Spend Management was recently asked by this client to help it accelerate and achieve their sustainability goals.  Over the past few months, Provident Packaging Engineers, using our Right Pack methodology, reduced this client’s plastic consumption by over 150,000 pounds per year, while also increasing the amount of recycled materials used in their packaging by [...]

Over $500,000 saved for mid-sized CPG company

Provident Packaging Engineers saved over $500,000 using our proven “Right Pack” methodology.  Savings came from lightweighting the material, optimizing the design, and improved pallet and shipping efficiencies.

100+ Design Projects Managed for Turtle Wax

Provident, acting as an outsourced packaging engineering service provider, has recently managed over 100 new packaging development projects.  These projects included product restages and new product introductions.  Our role included innovation, design, specification development, and line testing of new packaging.  One bottle design, Zip Car Wash, received a “Gold Packaging Award”  from the National Association [...]

14–18% Savings on Corrugated Sourcing Project for Mid-Size CPG Company

Provident was engaged by a leading North American manufacturer, distributor and marketer of high quality cleaning products to conduct an in-depth market review of their corrugated requirements.  Working closely with the client, we used our proven RightSourcing program to identify and deliver savings of 14% – 18% on this multi-million dollar, multi-facility review.  These results [...]

19–27% Savings on Flexible Film Sourcing Project for North American CPG Company

Working with a leading private equity firm specializing in investments in growth-oriented, lower middle-market consumer products companies, Provident performed an in-depth review and analysis of the flexible film requirements of four portfolio companies.  Utilizing Provident’s proven RightSourcing program, we were able to provide savings for all of the portfolio companies. Two of the companies achieved [...]

20% Annual Savings on Cartons for Leading Manufacturer

A leading manufacturer of dry mix products sold in retail, food service and industrial channels, engaged Provident to conduct a strategic sourcing review of their folding cartons.  The multi-million dollar spend across several hundred copies, shipping to plants across the U.S., led to the development of a complex RFI and RFQ.  Various award scenarios were [...]