Anotte Francois

When it comes to driving cost optimization at scale, vendor rationalization is often overlooked—but it can unlock powerful efficiencies and enterprise-wide value. In this candid case study, hear best practices on how you can partner closely with procurement to consolidate a fragmented vendor landscape through a disciplined, strategic vendor indexing initiative.

Discover how the team:

• Developed a framework and series of guiding principles to set the tone for how they engage outsourced providers and manage costs and expectations
• Reduced their current list by 40-50%, setting the stage for a future goal of a single-digit master vendor list across technology
• Addressed functional silos and stakeholder resistance, navigating preferences and legacy relationships to achieve greater enterprise buying power
• Took a long-term, data-driven approach to categorize and analyze vendor overlap, enabling smarter strategic decisions
• Balanced cost-saving imperatives with change management, including shifting some functions to fully outsourced models where appropriate

Walk away with actionable strategies for conducting a successful vendor indexing exercise, securing cross-functional alignment, and partnering with procurement to build a more cost-efficient, agile, and future-ready Shared Services organization.