Gibson was responsible for identifying, evaluating, and capturing this supply chain savings by training over 250 people, introducing and customizing an 11 gate sourcing process, and creating databases for the client to benchmark their supplier base. This resulted in establishing long-term partnerships with 27 world-class mills & service centers.
The project generated over $34 MM in realized annual cost savings improvement, and a significant reduction in supply base of over 85%. This was accomplished by establishing mutually beneficial strategic alliances with each of the selected suppliers. These established relationships, with the global metal suppliers, will continue to drive cost
reductions throughout the company.