$1B provider of full-service banking, including FDIC-insured deposits, consumer and business banking, commercial real estate and residential construction loans to customers in the Northwest United States.
The client needed help understanding the value of developing internal needs analysis, creating competition, and negotiation among many vendors in a spend category.
The client engaged Insight Sourcing Group to conduct a spend analysis and identify strategic sourcing opportunities in select spend areas. Additionally, the client generates on-going savings by participating in the firm’s Office Supplies Consortium.