Main Results
Real-time view at every stage of the supplier sourcing project
21% price-on-price savings
87% improved contract compliance
65%-75% more spend under discount
Gavin Garcia
Procurement Director
“This is a round-the-clock business, and when you need something, you need it yesterday.”
Context
The hospitality industry has experienced a hard time during the coronavirus pandemic. Bluewater Resort, an all-inclusive four-star facility in the Caribbean was not spared. Generally, hotels tend to experience intense competition. To get ahead of the competition, lower its costs, and streamline its supplier sourcing operations, Bluewater Resort chose Prokuria.
Resolution
By using Prokuria, Bluewater Resort was able to gain real-time insights into their supplier sourcing, which included RFP, bidding, as well as post-event analytics. Strategic sourcing significantly improved, increasing the number of strong supplier relationships, which are essential to ensure consistent quality, and price for the goods and services which are critical or at least relevant to the company’s long-term objectives
Using Prokuria we were able to see the changes:
Price-to-price savings
Improving the compliance of the contract
Spending under discount
