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A Fortune 50 Company's Data-Enabled Journey

  • Anu
  • Sep 13
  • 2 min read
Data-Driven Account Management

How one of the world’s largest enterprises optimized procurement through data standardization, supplier consolidation, and AI-powered insights.



Background:


The European division of a Fortune 50 conglomerate, operating across multiple industries, faced mounting inefficiencies in its procurement operations. While striving for operational excellence, they uncovered a common issue: the same parts were being sourced from multiple vendors with inconsistent part numbers and varying prices—resulting in redundancy, cost leakage, and procurement delays.


This disjointed process triggered a strategic review of their procurement data across suppliers, parts, and purchasing channels.


The Challenge:


The procurement team identified several critical issues:

  • 🔢 Inconsistent Part Numbers – Similar components listed under different SKUs across vendor systems

  • 💰 Pricing Discrepancies – Lack of pricing control due to fragmented vendor relationships

  • 🔁 Redundant Purchases – Duplicate orders for identical parts from multiple suppliers

  • 🧩 Supplier Fragmentation – Weak leverage in vendor negotiations and supply chain management

  • 📉 Data Integrity Gaps – Duplicate and conflicting records reduced procurement visibility and slowed decisions


Solution: Routine Powers Clean, Consistent Customer Data


The company partnered with Routine to launch a data-driven procurement initiative that spanned standardization, consolidation, and intelligent decision-making.

📊 Data Standardization

  • Cleaned and unified part numbers and descriptions across 84,000+ records

  • Removed ambiguity in pricing, units of measure, and vendor metadata

🔗 Supplier Consolidation

  • Identified 1,974 duplicated parts sourced from multiple suppliers

  • Mapped supplier relationships and consolidated purchases to preferred vendors

  • Negotiated better terms through volume centralization

🤖 AI/ML-Based Optimization

  • Used Routine’s smart procurement engine to:▪

    • Eliminate redundant purchases

    • Recommend optimal vendors

    • Flag anomalies and pricing outliers


Results:


15,117 Unique Parts Identified

Post-cleaning, the company achieved accurate part visibility across global systems.

💸 $7M+ in Savings Realized

Through consolidation, pricing accuracy, and removal of redundant purchases.

🧼 Improved Data Integrity

Duplicate records eliminated, driving clearer decision-making and accurate reporting.

⚙️ Streamlined Procurement Operations

Fewer manual touchpoints, faster ordering cycles, and stronger vendor alignment.


Conclusion:


This Fortune 50 company’s success shows that procurement excellence starts with data discipline. With Routine, they were able to reduce complexity, recover millions in savings, and build a foundation for scalable, AI-powered procurement operations.


📌 Ready to simplify your procurement and unlock hidden value? 📅 Schedule a Demo with us and streamline your spend management today.

 
 
 

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