Workshop Achieves Consensus and Accelerates Supplier Selection | ARC Advisory Group ARC provided a workshop for a client that started its successful supplier selection of software for asset information management. The scope of the engagement expanded to include plant engineering design software. The stakeholder executives gained consensus for a short list that accelerated the vendor selection process, assured the best choice, and provided faster time-to-benefit. Client Challenges The company has 30 percent more assets per dollar of revenue than its competitors which converts to 30% lower ROA. Also, the additional cost of maintaining these assets deteriorates profits. The corresponding negative impact on both the balance sheet and P&L statement significantly lowers stockholder value.

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