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Tech Savings identified

Introduction

A renowned global consultancy with over 3300 employees in 16 countries faced the challenge of streamlining its technology supply chain to enhance cost efficiency and simplify supplier management after substantial growth and acquisitions.

The Challenge

The client needed to gain clarity on their sprawling global technology supply chain to optimize costs and identify rapid cost-saving opportunities. The complexity of their supplier base had become a critical concern, affecting operational efficiency and visibility.

 

The Solution

Intercor conducted a detailed audit of the client's global technology expenditures, collaborating closely with their Group IT and Finance teams. This review mapped out the supplier landscape and highlighted spending inefficiencies:

  • Supplier Spend Analysis: Created detailed profiles for top suppliers to identify overcharges.
  • Market Rate Comparisons: Leveraged market knowledge to pinpoint areas where the client was overpaying.
  • Cost-Saving Initiatives: Proposed actionable strategies to reduce expenditures by over £1 million annually.
“The savings identified were welcomed by the client. 
A saving of £1m on a multiple of 10x added £10m to the company valuation.”

Brad Dowden, Founder of Intercor

The Results

The strategic review yielded significant outcomes:

  • Savings of over £1 million per annum identified.
  • A comprehensive roadmap with specific tasks and timelines for implementing cost-reduction initiatives.
  • Expert advisory support to refine the technology operating model for better alignment with business goals.

Conclusion

This case study underscores the impact of targeted financial reviews and strategic supplier management in a global enterprise.

By optimizing their technology spend, the consultancy not only improved its financial performance but also enhanced operational clarity and efficiency, setting a benchmark for similar global entities. 

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