With 2005 net revenues of more than $1.6 billion, Maxim Integrated Products is a multinational leader in the design, development and manufacture of linear and mixed-signal integrated circuits. The company is headquartered in Sunnyvale, California and has 8,000 employees across its global facilities.
Business Challenge: With facilities around the globe, Maxim found it extremely challenging to control shipping and distribution practices or to maintain any consistency in vendor quality and pricing. Maxim sought a solution provider that could meet four primary goals to address its global shipping cost management challenge:
- Centralize the decision-making process for how goods are shipped and with what carrier
- Enforce strict parameters on shipping methods and vendor selection
- Reduce overall costs of shipping and distribution
- Simplify management of huge volumes of weekly invoices from multiple vendors
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