Situation:
- Following a corporate divestiture, the company transitioned from its much larger parent organization and has since operated independently. However, due to legacy vendor agreements inherited from the former corporation, the company remained reliant on long-standing third-party relationships, several of which were inadequate for the current company. This dependence on legacy vendors created challenges in efficiency and scalability, hindering their ability to fully optimize processes within the new organizational structure.
- Several categories needed a strategic refresh to better match current and future needs with updated requirements. This presented an opportunity to recalibrate the company’s selection of partners to ensure optimal alignment with business objectives and enhance overall value.