Unlike cost-cutting, cost optimization is not a one-off and it is to reach an optimal and sustainable cost position in line with the strategic goals.
We support our clients in undertaking a comprehensive review of all possible levers, leveraging a broad toolset and deep functional experience. With our deep industry-specific functional expertise and comprehensive understanding of the market driver, we are able to leverage a variety of LEAN toolsets to identify potential areas for improvement and new business opportunities for each particular operation. This may include reducing the chance of machinery ageing, shortening the product production cycle, standardizing and simplifying processes etc. This helps companies to achieve a lower production cost whilst improving the quality products, therefore fulfilling T (Timeliness), Q (Quality), and M (Margin).
We assist clients to establish a clear view of the good practices in the industry to develop an overall savings target that can be cascaded down into initiatives and mobilise within the company as a supporting role during the whole journey.
Review the current operation
Identify Key issues & causes
Optimise Process and design
Promote improvement culture
By achieving the above steps to review the fundamental problems of a company or factory, not only can the quality of the products be improved, some unnecessary spending can be cut down as well, which leads to the achievement of cost reduction and cost optimization.
With our teams supporting them with the right tools, We are able to draw on our deep experience in Organizational Strategy to support our clients in configuring their businesses in a way that fully supports and unlocks the value of the most complex cost opportunities.
We typically are able to deliver improvements of 30-50% for our clients.