Financial Services
Cost Reduction, Process & IT Systems Optimization
Case Study Financial Services

Case Study

Sourcing cost optimization for a leading insurance company

SDI supported a major telecom provider to optimize its sourcing strategy, processes, and costs

Client situation

A leading global insurance company was in process of revising its procurement strategy and processes as part of a major cost saving initiative

Project approach

SDI analyzed the baseline spend and purchasing patterns, evaluated and streamlined the RFP process, as well as established standardized bid evaluation, vendor selection, and negotiation processes

Outcome

SDI’s sophisticated sourcing baseline analysis identified significant potential savings on current contracts and vendors that were set to be revisited with the newly developed RFP / vendor selection processes

Case Study Financial Services

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