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Argosy Reduces Holding Costs For Large Insurance Company, Resulting In Greater Earnings

Situation:
This client is a Fortune 500 provider of Healthcare Insurance. They use printed shells or masters from inventory to increase participation which results in greater revenues. A mandate came from the insurance company's CEO stating holding costs, or cost associated with inventoried items needed to be reduced by 11%.

Challenge:
The existing manner of doing business was more than 20 years old. A simple but effective solution needed be developed that would facilitate untrained users to have on-line access, customizing capabilities and volume discount pricing.

Solution:

• Our Tennessee based Production/Fulfillment Center and the Argosy Team embarked on a detailed discovery process. With the willingness of NG/PP corporate to invest in new technologies and by engaging the Argosy Team it became evident an on-line order solution combined with digital print capabilities would meet the challenge.
• The Argosy Team requested and was supplied vital order data from which a Scope of Work could be written.
• With the agreed upon SOW in hand, a pricing proposal, detailed transition plan and implementation schedule was presented.
• After extensive beta-testing, the installation was completed and operating within the 90 day window dictated by the customer.
• Based on the on-going business and informal reviews the company conducts, the program is very successful.