Back to case studies
Project Type:
SOW Optimization
Client:
Banking organization with a high CW & SOW IT spend
Sector:
Financial Services
The Issues
- Banking organization with a high percentage of IT contingent ($120M) and SOW ($200M) spend
- Lack of supplier management strategy for the contingent workforce and services procurement
- Lack of visibility into services procurement spend
- Lack of solution framework to manage services procurement spend
- Wanted to optimize workforce mix with a holistic talent strategy
The Solutions
- Assess supplier marketplace for contingent workers and services procurement
- Analyze all SOW's, leveraging Brightfield TDX refined SOW categories
- Design the framework to manage services procurement, including operating model, sourcing model, technology model and process flows
- Define the program and solution expansion strategy
- Define a cost savings strategy
.svg)
The Results
- Supplier management strategy to include utilization of CW and SOW suppliers
- Visibility into services procurement spend and a defined reporting strategy
Next Steps
- A defined program framework to manage services procurement by category, including process, policy and governance
- Expansion of services procurement within scope of the program and VMS tool
Other Case Studies:
.svg)
.svg)
Seeing is believing
Curious to see how other companies manage the economics of their workforce? Schedule a live demo with one of our TDX Experts.
Seeing is believing
Curious to see how other companies manage the economics of their workforce? Schedule a live demo with one of our TDX Experts.
