Food and Beverage

Cross-Portfolio Sourcing Desk

Client Outcomes

~$5M Saved in 12 Weeks

Partner in charge of portfolio operations reached out to Tenzing in anticipation of growing inflationary pressures across his portfolio companies.
He wanted to see greater traction across his portfolio of companies on Strategic Sourcing to drive savings, but the in-house teams had limited bandwidth and capacity
Partner had worked with Tenzing in the past at both his current and previous firm and liked the flexible deployment of senior experts, and immediate impact delivered

Private Equity Partner and Tenzing Director co-designed a services model that would maximize the portfolio companies' leverage to effectively manage spend
The team ran a quick survey across the portfolio companies to identify categories where they needed the most help: Packaging, Freight, Ingredients
Tenzing quickly mobilized deep experts in these categories along with a support team delivery including a fractional engagement leader and analyst

In the first wave, Tenzing deployed Experts with experience optimizing and sourcing billions of dollars worth of Packaging and Freight (network optimization and design, intermodal transport, and sourcing service providers)
The Tenzing team executed eight strategic sourcing projects for Packaging and five for Freight
$4M in Implementable Savings achieved in just 12 weeks