An offshore drilling contractor with operations on six continents was experiencing ongoing extreme delays in the procurement of goods and services. This created payment processing challenges and high transaction costs to issue purchase orders and process invoices for payment. The company’s COO asked Protiviti, Robert Half’s global consulting subsidiary, to help develop a holistic solution and fix the problem once and for all.
The Protiviti team conducted an eight-week assessment of the entire end-to-end sourcing process to understand dependencies and document challenges. Based on its findings, the team developed a multiphased strategy to address needed improvements and enable cost-saving tools and capabilities.
Our Phase 1 focus on master data integrity, process automation and a target operating model to enhance the structure, governance and roles within the supply chain organization helped enable the powerful sourcing capabilities and tools that assisted the company in achieving significant cost savings.
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