Client:
Cisco - Global Fortune 100 Company
Sector:
Information Technology
question

The Issues

  • Known risk of violating tenure policy and co-employment laws in numerous global markets
  • High percentage of global SOW spend within total united workforce
  • Lack of visibility to drive decision support of when and how to hire CW, SOW or FTE
  • Inefficient cost management due to lack of decision support
  • Lack of alignment between Business, Finance, HR and Procurement
Solution

The Solutions

  • TDX Services Procurement module to identify mis-classification costs and risks
  • TDX to baseline talent roles and skills to a standard taxonomy
  • Workforce mix analysis to understand the cost economics of employee and extended workforce
  • TDX to analyze and define rate cards across business units and suppliers
Insight

The Results

  • 15 of their 20 most common roles in the region were being paid above-market rates
  • On top ten roles, savings of $1.46M (16% of $9.1M) are projected based on market alignment
Impact

Next Steps

  • CISCO have decided to pursue the savings while expanding Brightfield analysis on a global basis

How did The Client benefit?

Generated tenure reporting highlighting country-specific risks

Generated tenure reporting highlighting country-specific risks

Identified opportunities for vendor consolidation supporting company policy

Identified opportunities for vendor consolidation supporting company policy

Conducted internal and market benchmarking of most common roles

Conducted internal and market benchmarking of most common roles

Built business case for expansion into workforce mix analysis and management

Built business case for expansion into workforce mix analysis and management

Created savings capture plans for internal organizations, including savings opportunities of 10-25%

Created savings capture plans for internal organizations, including savings opportunities of 10-25%

Savings initiatives are underway leveraging TDX data and analysis

Savings initiatives are underway leveraging TDX data and analysis

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Simplified supplier landscape by 75%

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$1.5M savings delivered within first three months

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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.

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