Corning

The American manufacturer of industry-leading optical fiber and precision glass has leveraged scoutbee to find new best-quality suppliers in record time

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8

weeks until optimal suppliers were onboarded

75%

times savings

15

finalists qualified for further business

 

 

 

Company Profile

  • One of world’s leading innovators in glass, ceramics and optical physics
  • Markets: optical communications, mobile consumer electronics, displays, automotive and life sciences.
  • Products: Damage-resistant cover glass for mobile devices, precision glass for advanced displays, optical fibres, wireless technologies and connectivity solutions for advanced communications networks, products for faster drug discovery and delivery, and technologies for cleaner air in cars and trucks.

Initial Situation

  • Previously global supplier search in NAFTA, APAC and Europe using traditional methods
  • Mexican suppliers of particular interest
  • Streamline as pilot project to explore transition to fully digital strategy

Objectives

  • COVID-19-related supply bottlenecks
  • Scouting fibre optic cables to identify new suppliers with the best quality and new potential to renegotiate costs
  • Interested in a structured end-to-end scouting solution in scoutbee

Solution

  • 97 new relevant suppliers on the longlist in just one week
  • 61 suppliers reached onboarding and RFI under NDA
  • 15 suppliers were invited for collaboration and RFP
  • One new optimal Mexican supplier and one new optimal Indian supplier were identified and onboarded within just 8 weeks
Case Study

Corning

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