Case Study: Aerospace Company achieves 10–20% reduction in third-party spend (saving millions) with Protiviti

A procurement assessment helps aerospace company elevate awareness of third-party spend, saving millions

Aerospace Company engaged Protiviti after a finance executive noticed that third‑party spend on goods and services had risen sharply. Protiviti delivered a comprehensive procurement spend assessment and diagnostic—mining data from eight systems and spreadsheets over a two‑year period—to validate the issue and define a targeted approach to reduce indirect spend.

Protiviti identified inconsistent pricing and process gaps across vendors and recommended sourcing, contract and pricing improvements focused on maintenance parts, shop supplies and credit‑card fees. Protiviti is now implementing those changes; the diagnostic found a 10–20% savings opportunity on an approximately $100 million addressable spend (about $10–$20 million), with process improvements nearing completion and measurable procurement cost reductions expected.