WEBVTT 00:00:00.120 --> 00:00:02.400 (Upbeat music) 00:00:02.400 --> 00:00:04.080 - Caldic is a global distributor 00:00:04.080 --> 00:00:06.360 and solution provider of ingredients 00:00:06.360 --> 00:00:08.400 and specialty chemicals. 00:00:08.400 --> 00:00:10.680 Our portfolio is large and complex 00:00:10.680 --> 00:00:12.160 with thousands of products 00:00:12.160 --> 00:00:14.520 and high variation across countries. 00:00:15.440 --> 00:00:18.440 - We're living in a very fast-paced environment, 00:00:18.440 --> 00:00:20.440 which means it's critical for us to be able 00:00:20.440 --> 00:00:22.800 to stay up to date on what's happening 00:00:22.800 --> 00:00:27.240 and find ways to continue to simplify this for our team. 00:00:27.240 --> 00:00:30.320 - We recently launched an ambitious end-to-end, 00:00:30.320 --> 00:00:32.760 data-driven digital transformation 00:00:32.760 --> 00:00:35.600 to up-level our commercial capabilities 00:00:35.600 --> 00:00:38.160 to unlock significant value and improve 00:00:38.160 --> 00:00:41.040 our customers' and principals' experience. 00:00:41.040 --> 00:00:44.840 To define a global digital strategy across four markets, 00:00:44.840 --> 00:00:46.200 we partnered with BCG. 00:00:47.400 --> 00:00:50.440 - It was great to work with a group of consultants 00:00:50.440 --> 00:00:53.480 that actually took the time to learn our business. 00:00:53.480 --> 00:00:57.000 BCG X really is the technology arm of BCG, 00:00:57.000 --> 00:00:59.320 and a lot of people were asking us internally, 00:00:59.320 --> 00:01:00.960 how come are you using a consultant 00:01:00.960 --> 00:01:03.120 to do this versus a software company? 00:01:03.120 --> 00:01:04.720 And the reality is they're both. 00:01:05.840 --> 00:01:07.680 The four critical components for us 00:01:07.680 --> 00:01:13.400 were really about connecting internal data with external data. 00:01:13.840 --> 00:01:16.680 Using state-of-the-art AI technology. 00:01:17.040 --> 00:01:18.240 Keeping it simple, 00:01:18.240 --> 00:01:20.440 so really an interface that is easy to use. 00:01:20.880 --> 00:01:23.160 And bringing value to our customers. 00:01:23.160 --> 00:01:26.000 We're very excited to see some double-digit uplift 00:01:26.000 --> 00:01:27.520 in our pipeline, which is great. 00:01:27.520 --> 00:01:29.000 We needed to be in the market first 00:01:29.000 --> 00:01:32.280 and we needed to be in the market showing results quickly. 00:01:32.280 --> 00:01:33.840 We believe that more is coming. 00:01:34.320 --> 00:01:37.360 BCG was with us throughout the entire journey, 00:01:37.360 --> 00:01:39.680 which also enabled our teams to be able 00:01:39.680 --> 00:01:42.600 to cohesively build the tool 00:01:42.600 --> 00:01:44.600 to work in a manner that we saw fit. 00:01:44.880 --> 00:01:48.960 - We came up with ideas to create better content 00:01:48.960 --> 00:01:53.640 using GenAI and collaborating in generating thousands 00:01:53.640 --> 00:01:56.200 and thousands of product group descriptions. 00:01:56.200 --> 00:01:58.600 Now that we have the tool customized for our needs, 00:01:58.600 --> 00:02:03.160 we can have 15,000 recommendations within seconds. 00:02:03.160 --> 00:02:06.120 This is very important for us to have a tool 00:02:06.120 --> 00:02:09.240 that operates within our existing infrastructure. 00:02:09.240 --> 00:02:10.840 Everything's in one place. 00:02:10.840 --> 00:02:14.400 - The AI tool is enabling us to really understand 00:02:14.400 --> 00:02:17.160 quickly what the customer should buy, 00:02:17.160 --> 00:02:20.480 which ultimately means the role of the sales rep 00:02:20.480 --> 00:02:22.560 has changed dramatically. 00:02:22.560 --> 00:02:25.760 We had brought in a number of resources from our own team, 00:02:25.760 --> 00:02:29.520 to create a tool that was going to be efficient 00:02:29.520 --> 00:02:31.440 and help change how we work. 00:02:31.440 --> 00:02:34.640 BCG also assisted with the training and development. 00:02:34.640 --> 00:02:37.360 - BCG left us with a playbook 00:02:37.360 --> 00:02:39.840 and really the foundation for us to continue 00:02:39.840 --> 00:02:42.000 to develop and add new features 00:02:42.000 --> 00:02:43.880 as we continue this journey. 00:02:43.880 --> 00:02:45.600 I was given the analogy of: 00:02:45.600 --> 00:02:48.560 we're building the bow and a few arrows. 00:02:48.560 --> 00:02:52.480 BCG X help us with creating that first set of arrows. 00:02:52.480 --> 00:02:55.920 And now we have a development team internally 00:02:55.920 --> 00:02:58.680 that are helping us develop new features. 00:02:58.680 --> 00:03:01.320 - We are now globally deploying the sales tool 00:03:01.320 --> 00:03:03.360 across all our countries. 00:03:03.360 --> 00:03:06.080 And we started working on the next use cases 00:03:06.080 --> 00:03:08.000 to create more value for Caldic, 00:03:08.000 --> 00:03:09.880 our principals, and our customers.