Case Study
How Primo Water Enhanced Savings Tracking and Optimized the Overall Sourcing Process
Industry
Food & Beverage
Website
At a Glance
Key Takeaways
Primo Water enhanced procurement efficiency by adopting SpendHQ’s platform for automated savings tracking and reporting.
Challenges
Manual processes hindered accurate savings tracking and sourcing visibility, necessitating a more intuitive solution.
Benefits
Implemented a user-friendly system that streamlined reporting, improved project oversight, and supported sustainable sourcing efforts.
“[This] platform will provide us with a simple and intuitive way to automate our sourcing and savings tracking. The tool was undeniably created by procurement practitioners who understand the need for clear, concise, and accurate savings reporting within a procurement organization.”
Overview
Primo Water Corporation, a leading provider of sustainable drinking water solutions in North America and Europe, announced in 2021 it had partnered with SpendHQ (Per Angusta at the time) to improve and optimize the overall sourcing process.
Led by veteran Chief Procurement Officer, Mercedes Romero, and VP of Global Procurement, Alan J. Rice, Primo Water will use the sourcing pipeline management and savings tracking solution to support their efforts of sustainable sourcing. Primo was looking to replace manual processes with a more intuitive solution that would allow for enhanced tracking and provide robust reporting. They will be leveraging SpendHQ’s technology to automate the reporting process and eliminate those manual efforts.
Alan J. Rice, VP of Global Procurement
“After an extensive search to find a solution that could help us track our savings pipeline and report savings accurately, we discovered [SpendHQ]. Previously, we had a manual process to manage and track our sourcing and savings projects.”
Solution
Our team worked actively with Primo Water to deploy their solution, and Primo Water uses the solution as a global asset for procurement to amplify their savings tracking and reporting capabilities.
“Primo Water will now have a robust pipeline platform that helps the team keep track of their sourcing projects, report and track savings, and give procurement leadership the visibility we need to manage projects to successful conclusions,” said Mr. Rice.
