IT Consultancy Procurement

The client wanted to achieve cost reduction on consultancy services and create transparency of existing supplier base and open it up for competition.

PIR executed the project through our standard Supplier Base Optimization (SBO) and Procurement & Tendering process to conduct a detailed review of existing supplier base. In selected categories, PIR identified savings potential and proposed a strategy and action plan to realize the savings potential. Additionally, PIR concluded negotiations with all suppliers resulting in savings of 14-18% on prices for purchase of staffing consultancy services, savings of 6-14% on prices for purchase of IT consultancy services, savings of 20% on prices for purchase of training services, and 90 days payment terms with a majority of suppliers.