Stanley Black & Decker, a global leader in tools, industrial solutions, and security, excels in innovation and market presence. With a diverse portfolio including hand and power tools, industrial equipment, and security systems, the company drives growth through technological advancement and strategic acquisitions. Known for quality and operational excellence, Stanley Black & Decker remains a major player in the global market.
INDUSTRY Manufacturing
Impacts Made:
- $10M Margin Savings: Stanley Black & Decker slashed $10 million in margin leakage by implementing fast, accurate pricing with zero misquotes. Consistent price increases and 100% accurate pricing have eliminated delays and maximized profitability.
- 75% Cost Reduction: By leveraging enosix’s out-of-the-box functionality and rapid deployment, Stanley Black & Decker reduced development costs for order creation by 75%, driving substantial cost savings and operational efficiency.
Valuable Time Savings: Stanley Black & Decker experienced significant time savings because 25% of their workday was previously spent fixing errors in quotes. By implementing enosix, which ensures accurate quotes from the start, they eliminated the need for these error corrections. This not only saved time but also enhanced efficiency and accuracy in their quoting process.
Rapid Standardization: Integrating SAP with their revenue platform within four weeks and achieving full data viability in six months, Stanley Black & Decker reduced time-to-market, enhanced efficiency, and boosted productivity. By cutting integration time to just six months, they avoided the risks of delays and costly issues. After spending a year and $1M with traditional iPaaS—resulting in $10M in margin leakage due to 25% of quotes and orders being inaccurate—enosix helped SBD recover that $10M and ensured a smoother, faster transition to operational excellence.
“A quarter of my time each day was spent correcting errors and issues with quotes. With enosix, there are no longer errors, because the data comes directly from the source in SAP giving time back in my day and preventing margin leakage”
“enosix’s quick development cycles ensured we stayed within budget and met our 6-month deadline, delivering a flexible solution with minimal risk and significant benefits that traditional methods couldn’t match.”
– VP of Sales