Smart Thermostat Assembly

Client Type

IoT Product

Challenge

A fast-growing smart thermostat manufacturer was facing margin pressure due to rising direct material costs, fragmented spend data, and limited visibility into supplier pricing. As a mid-sized company, it lacked the global sourcing leverage and internal bandwidth needed to run competitive sourcing events and manage supplier risk effectively.

Solution

Intelliment consolidated and analyzed spend across electronics, plastics, and contract assembly to identify high-impact cost and risk opportunities. Through disciplined RFx management and access to a proprietary global supplier network, Intelliment introduced competitive sourcing, optimized supplier strategy, and executed negotiations to reduce cost while improving supply continuity.

Results

• 12–18% reduction in direct material costs across electronics and plastics

• Improved pricing consistency on core components

• Reduced supplier concentration risk through qualified secondary suppliers

• Implemented savings reflected in the P&L, not just identified on paper