Driving Cost Optimization for PE-backed Lifestyle Brand
The client, a mid-sized PE firm, embarked on aΒ cost optimizationΒ project with one of its portfolio companies, a UK lifestyle brand.Β The portfolio company had high overhead costs, in which 40% came from IT. The client sought aΒ consultantΒ to evaluate the existing cost structure and suggest actionable strategies to lower IT costs.
ConsultportΒ proposed 4 strong consultants within 48 hours. The client interviewed 3 candidates and selected an ex-Accenture Manager with extensive project experience in reducing IT costs. The consultant started working with the client team 5 days after the initial request.
he consultant conducted a thorough cost breakdown of the companyβs IT operations, carefully analyzing expenditures across infrastructure, applications, licensing, and support services. Through this detailed review, the consultant identified inefficiencies in the allocation of IT resources and uncovered multiple opportunities for cost optimization, particularly within IT license management.
By examining licensing agreements, usage patterns, and compliance requirements, the consultant highlighted areas where the company was over-licensed or underutilizing existing contracts. These insights not only revealed immediate cost-saving opportunities but also provided a strategic foundation for renegotiating vendor agreements, streamlining software portfolios, and ensuring long-term financial efficiency in IT operations.
The tailored cost strategies and implementation plan generated measurable savings opportunities, strengthened financial discipline, and secured client confidence for ongoing engagement.
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