Consumer Electronics Supplier Identifies $5M-$7M in Cost Reduction Opportunities in Cost Optimization Initiative

An IT Services Case Study

Client Profile

A $3.5B Global Audio Supplier

Business Issue

  • Company undertaking a corporate transformation and cost optimization initiative
  • Directive to optimize $60M in Application Development and Maintenance (ADM) labor
    spend and to align their ADM sourcing strategy to strategic imperatives

Services & Results

  • Identified $5M-$7M in cost reduction opportunities
  • Supported client throughout the execution lifecycle and rationalized suppliers (top tier,
    niche, and contingent labor) via consolidation and competitive evaluation process
  • On track to achieve cost reduction targets and improved contract structure
    with primary vendors