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Global Insurance Company, annual revenues $17B, 17K employees in 38 countries, $65M contingent labor spend.

The Situation

Before engaging with The Gentry Partnership, the Client:

Conducted an RFP and selected a Managed Service Provider (MSP)

Executed the MSP’s cost savings recommendations

Hired a global procurement consulting firm (Bain & Company) and applied their cost savings recommendations

Partnering with Gentry

To save our Client money, The Gentry Partnership:

Analyzed cost components, contracts and service level agreements

Provided several cost savings strategies and the rationale behind them

Worked with the client to determine the savings strategies bringing the highest savings with the least amount of organizational change

Saved an additional $2.5M annually.

Implemented savings through the MSP.  Gentry fees were funded from savings.

 

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