Optimizing Network Infrastructure for a Top Manufacturing Company
Overview
Socium Consulting helped a global manufacturer struggling with multiple network service providers and outdated telecom cost reviews. With pressure to cut expenses, we provided service documentation, needs assessment, vendor comparison, financial evaluation, and ongoing project management. Over two months, we sourced quotes, projected savings, and managed implementation, resulting in $500,000 saved in the first nine months and a total projected annual savings of $1.8 million. Our work allowed the client to reduce costs while improving operational efficiency.
The Problem
A global manufacturing and retail company struggled with managing multiple network service providers and had not reviewed its network costs in several years. The company faced pressure from its board to reduce expenses but lacked the internal resources to compare quotes and forecast savings.
Our Solution
Socium Consulting stepped in to provide a comprehensive approach, including service documentation, needs assessment, vendor comparison, financial evaluation, and ongoing project management. Over a two-month period, we sourced and compared quotes from multiple providers, provided detailed savings projections, and managed the implementation process.
The Outcome
The client realized $500,000 in savings within the first nine months, with total projected savings of $1.8 million annually. Additionally, our project management allowed the client’s internal team to focus on other critical business areas, resulting in greater operational efficiency. The client expressed high satisfaction with our ability to manage their telecom vendors and introduce new technologies when needed.