(ATLANTA) February 6, 2007 – NPI, the leader in technology spend management and fair market value analysis, today announced that two flagship clients – Atlas Van Lines and International Speedway Corporation – have drastically reduced their technology spend through NPI’s Level 5 Spend Management framework. By providing an insightful view of market data, pricing flexibility and vendor collaboration best practices, NPI substantially decreased each company’s IT costs in as little as 30 days. As a result, NPI’s unique purchasing methodology saved an average of 30 percent on major technology purchases for each company.
Atlas Van Lines, the industry leader in household, corporate and specialized relocation services, has executed NPI’s Level 5 Spend Management framework to realize more than a 300 percent return on investment for various enterprise consulting and technology purchases. The company initially partnered with NPI to obtain fair market value for a major warehouse management system (WMS) investment. After realizing substantial savings during its initial engagement, the company has continued to use NPI’s purchasing methodology to reduce IT costs and obtain fair pricing for technology buys.
“In the past, our technology spending was guided only by our internal procurement team and consultants like Gartner. We didn’t know if we were paying fair market value for our purchases. This is what NPI’s Level 5 Spend Management brings to the table. When they partner with our internal teams, you can be sure we’re paying a fair market price for technology. Ultimately, that saves us thousands of dollars,” said Dick Arenson, chief information officer, Atlas Van Lines.
As a leading promoter of motor sports activities, International Speedway Corporation (ISC) recently began seeking ways to cut technology spending across the enterprise. ISC turned to NPI to analyze and identify cost-cutting opportunities in its annual contracts with new and existing technology vendors. Within 30 days, NPI executed its Level 5 Spend Management best practices to achieve a 200 percent return on investment. During that time, NPI analyzed annual contracts and bids from major telecommunications, data center infrastructure and core distribution network technology vendors.
NPI’s Level 5 Spend Management framework is designed for traditionally difficult spend management categories – such as information technology, telecommunications and transportation. This framework is part of an industry-wide trend to create standards for technology and transportation procurement, and to ensure companies receive fair market value for products and services.
NPI’s Level 5 Spend Management optimizes a company’s procurement efforts throughout the purchasing hierarchy, with a concentrated focus on pricing. This mix of intelligence, insider knowledge and strategy delivers a powerful impact – often yielding substantial cost savings in technology, telecommunications and transportation spend.
NPI is a privately-held company that provides assistance for its customers in implementing rigorous processes for making sound spend management decisions. Using a combination of market experts and proprietary methodologies, NPI provides assessments of a variety of traditionally difficult spend management categories – information technology, telecommunications and transportation – to ensure that expenditures and operating expenses are in-line with current market conditions. NPI leads this emerging best practice, offering procurement expertise, a fair market value database and experience from both sides of the table with quality and integrity. For more information, please visit www.npifinancial.com.
