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.