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Case Study

Increased cost savings for a missile manufacturing company through supplier markup

Client Background

Client is world's largest producer of guided missiles

Client Need

  • Identify a sourcing path for client access to Engineering retiree expertise
  • Clear communication plan & steps documenting the “path of return” to client’s Engineering retirees
  • Ensure retirees returned to client in an efficient “as needed” program
  • Mitigate risk & compliance issues (ERISA)
  • Unified platform within client ecosystem across all retiree sourcing paths for approvals, tracking, policy alignment and reporting

Our Solution

  • Conducted needs assessment and developed strategy to implement the Engineering Retiree Management Solution
  • Working sessions with client HR/Legal/Supply Chain Leadership to ensure alignment to client retiree policy, process, and required forms
  • Develop a stand-alone vertical within the MSP to manage retirees across all business units
  • Created a streamlined retiree approval and onboarding process
  • Dedicated support to facilitate the onboarding process and compliance

Key Benefits

  • Maintain a pool of 300+ Engineering expert consultants available to deploy on an as needed basis
  • Decreased risk to Client through a series of preliminary checkpoints; ensuring compliance to their policies
  • Increased user adoption through streamlined processes, SPOC for both client hiring managers and supplier partner
  • Increased cost savings through preferred supplier mark-up

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