Cost Reduction Case Study

The Challenge

The Weir Group, composed of a group of companies, is a £1Billion+ multinational pump manufacturing and servicing organisation with significant global growth ambitions.

As a result of decentralisation, there was a limited overview of overall telecoms spend. As a result, and also because they were not leveraging service management advantages, The Weir Group was consequently getting poor value for money in key telecommunications areas.

The F2X Solution

We provided initial value for money and capability reviews which covered telecommunications, network provision and related aspects of the IT strategy.

We were able to deliver:

• Analyses of current contracts and spend using corporate strength profiling tools
• Benchmarking of this to best market available offering
• Commercial negotiation of appropriate contracts
• Consolidation across the group of companies
• Review of assets and the working practices across telecommunication billing
• Ongoing control provided through reporting and policy / standardisation

Client Benefits

F2X identified gross annual savings of £385,000 from:

Mobile £290k

• Contract renegotiation on behalf of client
• Mid-Term resign credits
• Much improved international roaming and UK tariff rates

Landlines £95k

• Usage Savings via Carrier Pre-Select
• Rental Savings via
  • Wholesale line Rental
  • over capacity savings
• Improved Conferencing rates