Mature Program, Sustained Savings Through Supplier Optimization Strategy
One of the largest auto financing companies in the U.S. needed a partner to help reduce the costs and hassle of working with 42 different suppliers to fulfill its talent needs. The company engaged the Contingent Workforce Outsourcing team at KellyOCG to conduct supplier program optimization, an initiative that ultimately helped the company streamline the supply base and maximize cost savings through larger volume talent engagements.
The financial company wanted to increase eligible spend for volume discounts, and in order to do so it required optimization and rationalization of its supplier base.
KellyOCG conducted a comprehensive supplier program analysis and used the data to streamline the supply base down to 29 of the top performers.
By decreasing the number of suppliers, KellyOCG successfully helped the company reduce overall spend and leverage a greater volume discount.