Leaders across top global companies — including more than 30% of the Fortune 100 — tell us that there are least three ways that Catalant’s Expert Marketplace, as a tech-enabled marketplace for elite independent consultants and firms, helps them optimize their consulting spend.

Use competitive bidding dynamics among firms and consultants to drive quality and value.

Streamline consulting spend with experts and firms more willing to map engagements to needs.

Increase visibility and centralize ongoing projects to avoid wasteful spending on similar work.

Approach

A Fortune 50 client asked the Catalant team to provide quotes on project prices for 10 live engagements that they were currently working on with traditional consulting firms and agencies. The client then compared those prices and team specifications with those from their incumbent service providers.

A Fortune 200 Industrial Conglomerate needed a team for a C-level initiative to streamline product configurations, enable market growth, and minimize downstream operational complexities in an industrial equipment business.

A small specialized firm composed of one Former Engagement Manager, McKinsey & Co., PHD in Materials Science, and two former Business Analysts, McKinsey & Co.

The firm was tasked to deliver a market assessment, VoC study, product configuration, value chain analysis, and process optimization (supply chain) set of deliverables.

Significant efficiency gains and cost savings for $250+M BU, and C-level support for multiple repeat engagements for the firm through the Catalant Expert Marketplace.

The Fortune 200 client would have originally spent $1M on a similar project from an incumbent firm provider. By using the Catalant Expert Marketplace, the client was able to connect quickly with high value, unbundled talent at 75% savings ($240K).

A Fortune 200 Diversified Industrial Manufacturer had limited bandwidth and was experiencing an increase in deal volume in corporate development.

The expert, founder of Brick Street Partners, LLC, had several years of experience at Goldman Sachs and Madison Dearborn.

The expert was tasked to evaluated several global opportunities, support business case development, and quarterback the diligence process.

The client achieved a better quality output, faster — all while avoiding the overhead cost of engaging a major firm.

The Fortune 200 client would have originally spent $250K on a similar project from an incumbent firm provider. By using the Catalant Expert Marketplace, the client was able to connect quickly with previously untapped, top-tier talent at 50% of the price ($116K).

A Fortune 100 Consumer Packaged Goods Company needed an assessment of new distribution opportunities for a signature product.

A bespoke team was comprised of an e-Commerce lead, former BCG consultant with operating experience at Target, a mall-retail expert, and a CPG marketer with former roles at Mattel, Kraft, and Pepsi.

The team was tasked with delivering market sizing, unit economics analyses, and consumer insights research.

The client experienced its most commercially successful holiday season ever in its 50+ year history

The Fortune 100 client would have originally spent $400K on a similar project from an incumbent firm provider. By using the Catalant Expert Marketplace, the client was able to connect quickly with top-tier, flexible talent at 80% savings ($60K vs. $400K).

A flexible workforce enables leaders to tap into the skills and resources their organizations need to accomplish a goal at the right time, overcoming barriers like organizational silos, geographic distribution , and skills gaps. Learn how leading organizations are leveraging a flexible workforce to access, allocate, and reallocate the right people to mission-critical work.

Today’s era of unprecedented economic uncertainty compels business leaders to focus on productivity and efficiency. But traditional cost management tactics are ill-suited for current operational and market conditions. Short-sighted strategies, silos of information and decision-making, and incremental approaches are unlikely to produce results.

Download this complimentary eBook — full of fresh data, real case studies, and counterintuitive insights from experts — to learn how intelligent organizations are thriving by reimagining costs as capabilities.