Vendor Sourcing Cuts Firm Costs

from law.com

Jose Manuel Pariente is a man on a mission. He began slashing costs and streamlining procurement after he joined White & Case in April following many years of sourcing management at companies ranging from Barnes & Noble to Exel. Before Pariente, the firm had “more or less handled vendor relationships and negotiation in silos, by department, like most law firms,” says Richard McKenna, chief administrative officer of New York-based White & Case. And while Huron Consulting Group had helped the firm overhaul vendor relationships, management realized that they needed to set up an in-house procurement discipline, as McKenna puts its, “so we didn’t fall back into our previous pattern.”

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