Since implementing the portal, translation time has decreased significantly, since divisions across the company can now leverage previously translated content to their own projects. For suppliers, rather than only having access to the translation memories they have created for the client over the years, they now have access to shared translation memories from eight other suppliers, ensuring consistency across all translated content.
By challenging suppliers to competitively bid for projects through a standard quoting template, our client has been able to drive down project costs and turnaround times. Suppliers know they are in a very competitive environment and are challenged to price aggressively and be innovative to deliver projects more quickly.
As projects are completed, new translation memories are uploaded by the suppliers, resulting in an ever-increasing database of translated content to be re-used, which aids in reducing costs.