Service Area: Operations
Client Type: Lower Middle-Market Private Equity Firm
Service Provider Type: Direct Procurement Consultant
Industry: Manufacturing
A lower middle-market private equity firm required a Spanish-speaking direct procurement consultant with expertise in Mexico to optimize the supply chain strategy of its LED lighting manufacturing portfolio company. The firm sought an advisor with local knowledge and industry expertise to ensure cost-effective sourcing of components.
The portfolio company, a manufacturer of customized architectural LED lighting fixtures, faced challenges in aligning its procurement approach with market-specific needs in Mexico. With made-to-order products for sectors like healthcare, hospitality and education, they needed a targeted procurement strategy to streamline sourcing for improved efficiency and cost savings.
BluWave quickly connected the PE firm with a direct procurement consultant from its network, experienced in Mexican manufacturing procurement. This expert guided the company through an in-depth assessment of its current procurement structure, enabling the company to refine its strategy for optimal sourcing and better cost management.
The procurement consultant delivered an actionable plan to streamline the company’s direct sourcing strategy. With this targeted approach, the company improved procurement efficiency and achieved significant cost reductions, positioning it to better meet its production needs and profitability goals.
They use the right tools and communicates well. During the diagnostic phase, facilitation was excellent. The team has been very professional and demonstrated a high level of expertise. Based on the team and the process they use, I am confident we will achieve our improvement goals and I would be very willing to refer.
-CEO at Portfolio Company
