Case Study: Financial Institution cuts IT and telecom procurement costs with Carousel Industries

A Major Financial Institution Slashes Costs of IT and Telecom Hardware Procurement

Financial Institution, one of the largest banking organizations in the U.S., struggled with a lack of centralized inventory visibility across thousands of locations and a mix of legacy and current voice/data platforms. As it moved toward VoIP, the company wanted to reuse existing equipment instead of buying new hardware, and turned to Carousel Industries and its Source Inventory Management service for help.

Carousel Industries implemented a customized inventory management solution that tracked on-hand assets, repairs, and redeployment opportunities, while also using a centralized Dallas warehouse for storage, refurbishment, shipping, and decommissioning support. The result was real-time inventory visibility, lower equipment replacement costs, and better lifecycle management of legacy systems, helping Financial Institution cut annual operating expenses by $1.5M and avoid an estimated $10M or more in new hardware purchases.