IT Cost Optimization & P&L Shielding
$1M+ savings through strategic IT asset management for a Tier-1 bank.
IT StrategyCost OptimizationStrategic SourcingBankingProcurement
About the Project
This engagement addressed a critical issue at a Tier-1 Retail Bank where IT asset spend was growing at 2x the rate of revenue, threatening retail segment margins.
We directed a strategic sourcing and capacity management initiative that fundamentally changed how the bank approached IT procurement. This included introducing "alternate device" standards for handhelds and tablets, and streamlining the procurement lifecycle.
The initiative unlocked INR 9 Cr ($1M+) in savings over a 3-year horizon through rigorous demand-side management while maintaining service quality and security standards.
Key Features
Strategic sourcing initiative design
Capacity management framework
Alternate device standards for handhelds/tablets
Procurement lifecycle streamlining
Demand-side management protocols
3-year savings roadmap
Challenges & Learnings
IT spend growing at 2x revenue rate
Maintaining service quality during optimization
Ensuring security compliance with new device standards