Adonis Partners, a boutique management consultancy, sought a robust and user-friendly eSourcing platform to enhance their newly launched procurement practice. By choosing DeepStream, they streamlined their sourcing processes, secured nearly $16.8 million in savings within six months, and strengthened supplier relationships through enhanced efficiency and transparency. Here's how:
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Adonis Partners is a boutique management consultancy firm headquartered in Toronto, Canada, comprising industry-leading experts who act as strategic partners to their clients. They serve a diverse range of customers across industries including food and beverage, healthcare and life sciences, packaging, and transportation & logistics.
The critical step
Adonis approached DeepStream on the brink of launching their new procurement practice. Choosing the best eSourcing platform was a critical step in ensuring they could maximise value for their clients. Without a dedicated eSourcing tool, methods were ad hoc and struggled to capture and manage procurement requests—especially complex line items crucial to particular industries. The team needed a solution that was not only user-friendly but also robust enough to handle intricate procurement requirements, ensuring that their clients would be thoroughly satisfied.
Choosing DeepStream
Many other solutions in the market offer all-encompassing, overcomplicated platforms with unnecessary features that teams just don’t use. DeepStream stood out as a dedicated eSourcing tool, offering a focused solution with just the right amount of technology Adonis required.
“When we launched our Procurement Practice at Adonis Partners, we set out to raise the bar in strategic sourcing by combining our deep sourcing and implementation expertise with the right technology. Choosing the best eSourcing platform was a critical step in ensuring we could maximise value for our clients.” Landon Weber, Executive Partner, explains, “After evaluating multiple platforms, DeepStream stood out with its modern, user-friendly interface and advanced functionality—providing a much-needed alternative to the outdated systems that have long dominated the industry.”
Partnering together
Adonis Partners chose DeepStream not only because of the intuitive platform designed for swift deployment and easy adoption, but also due to their dedicated customer success framework. After an immediate kickoff call, followed by hands-on training, the team was fully onboarded within a week of signing up. DeepStream’s customer success team provided tailored support, building RFQ templates and hosting ad hoc clarification sessions whenever required to ensure a seamless transition. Within a matter of weeks, DeepStream became truly embedded in their procurement processes, and Adonis appreciated just how easy it was to work with the DeepStream team—with a constant focus on improvement and a willingness to listen. DeepStream and Adonis achieved such fast success through close alignment at both operational and strategic levels throughout the onboarding period.
Their return on investment
In a remarkably short turnaround, the platform facilitated two major eAuctions: one generating $11 million in savings and the other contributing an additional $5.8 million. This meant that the team achieved an impressive saving of nearly $16.8 million through their collaborative efforts in under six months.
“Our clients have achieved an average saving of 28% across all commodities, with every sourcing event managed seamlessly using our proven approach and DeepStream’s technology.” Landon explains, “More importantly, our clients appreciate the efficiency, transparency, and strategic advantage gained through the platform.”
Adonis has reported significant savings across five events, spanning all commodities, with every sourcing event managed seamlessly. In addition to achieving financial wins, using the tool has cemented strong supplier relationships, as they appreciated the streamlined process and proactive support provided by DeepStream.
“A big thank you to the whole DeepStream team for their support in helping us deliver real, measurable results for our clients. We’re excited for what’s ahead!”
By combining procurement excellence with intuitive software, and working in close alignment with DeepStream’s customer success team throughout, Adonis Partners achieved significant savings after just a few months of signing into the platform, with lasting impact as their procurement function continues to evolve.
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