How a Fortune 500 QSR Company Achieved 48% Cost Savings & Scaled IT Teams with Mojo Trek's Nearshoring Services

Executive Summary

This case study explores how our client, a global Quick-service restaurant chain, partnered with our IT staffing agency, Mojo Trek, to implement a nearshoring strategy for its technology teams. Facing challenges with talent acquisition, our QSR client sought a solution to maintain quality in their teams while optimizing costs. Our nearshoring services gave the company access to a vast network of skilled IT professionals in Latin America, enabling them to build high-performing teams at a significantly lower cost.

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The Challenge

• Optimizing Budget for Greater Impact: The client sought to maximize the impact of their technology budget while achieving greater scalability for their teams. While traditional onshore hiring presented challenges, such as salary inflation pressures and an overall shortage of local qualified talent, nearshoring offered a strategic solution to achieve their goals while remaining cost-effective.
• Talent Acquisition: Finding qualified IT professionals with the necessary skills and experience proved challenging in the competitive talent market.

The Solution

• Early Involvement: We initially worked with the client to come up with the nearshoring initiative as a possible solution for their team. Our close partnership from the outset laid the foundation for success.
• Equipment Solution: The client highlighted the unexpected challenges related to equipment costs and shipping in Latin America. We helped them navigate these logistical hurdles by provisioning equipment.
• Access to Latin American Talent Pool: Our extensive network in Latin America gave our Fortune 500 client access to a wider pool of skilled IT professionals, with the specific skillsets they needed to overcome talent acquisition challenges.
• Flexible Hiring Options: Our ability to offer various engagement models ensured the client could adopt the most suitable approach for their specific project needs and company culture.
• Seamless Onboarding & Integration: We streamlined the onboarding process and ensured cultural alignment, enabling the QSR chain to quickly integrate nearshore developers into their existing teams.
• Collaborative Partnership: We worked closely with the client throughout the process, providing ongoing support and navigating legal, recruitment, and logistical hurdles along the way.

How We Did It

• Cross-Departmental Collaboration: Setting up the program required extensive collaboration across various departments, including legal and recruitment, to ensure compliance and smooth operation.
• Pilot Program: We initially began with a smaller team of 3-4, and then quickly expanded as the client’s level of confidence in our nearshore team’s ability to deliver increased.
• Compliance and Regulation Oversight: We took on all responsibility for compliance and regulation challenges, easing the burden on the client.

Results

Cost Savings: Leveraging nearshore talent resulted in a 48% cost savings for the client, enabling them to optimize resource allocation. This translated to the ability to hire 1.5 developers in Latin America for the cost of one onshore developer.

Improved Scalability: Access to a larger talent pool facilitated rapid team scaling, enabling the client to meet project deadlines and accelerate development.

High-Quality Talent: The client benefited from our nearshore developers’ strong technical skills, highlighting our rigorous recruitment and vetting process., and consistently expressed their satisfaction with the nearshore talent sourced by our agency.

100% Retention Rate: The company’s nearshore developers exhibited high job satisfaction and commitment, resulting in a 100% retention rate over a 2-year period

Ready to unlock cost savings, achieve greater scalability, and access top IT talent? Contact Mojo Trek today to learn how our proven nearshore development strategies can fuel your business growth.