5. Source—“Rightsize” spending on goods and services, reducing inventory costs through strategic sourcing and increasing buying power through enterprise-level licensing. Reducing outside spend on goods and services can lower sourcing costs 5 to 15 percent.
The Accenture difference
As a proven innovator, Accenture has worked with clients to develop new ways of managing and applying technology throughout the marketplace. We apply lessons proven in the private sector, helping the defense and intelligence communities achieve their goals and implement solutions rapidly and efficiently. We help them maximize limited resources and reap the greatest value from new ideas and initiatives. Our deep experience in the intelligence and military community helps us systematically modify and adapt private sector approaches to address the unique imperatives of the national security mission set.
When it comes to operational excellence, Accenture can help agencies through proven Lean Six Sigma methods. We were instrumental in merging Lean and Six Sigma and bringing it to the federal government to gain efficiencies and reduce waste and redundancies. Our strategies can result in 20 to 40 percent cost reductions.
Accenture has a proven track record in the private and public sectors. We helped the Office of the Assistant Secretary of the Army for Acquisition, Logistics and Technology realize $77 million in financial benefits—a return of $77 for every dollar it invested in our Lean Six Sigma program.
And using a rapid procurement initiative to improve sourcing, we also helped New York’s Metropolitan Transportation Authority negotiate more competitive terms and amend contracts to yield immediate savings of nearly $40 million, including $18 million in existing contracts.