INDUSTRY Electronics (Electrical Appliances)
ANNUAL REVENUE 2.1B €
“To support competitiveness, we needed to identify and deliver cost savings in a fast way”
-CPO
400+
saving ideas created
42M €
cost saving opportunites identified
PMO
position supported
The Big Idea
Fast cost savings to boost profitability: Increased market pressure and fast profitability shrinkage forced the Board of an electrical appliance and lighting fixtures company to drive fast measures in order to improve results.
Blueprint and Roadmap
We applied our proven SCORE methodology across different business units to identify cost savings with cross-functional teams. The cross-functional workshops with six different business units were delivered in Europe and Asia.
Creating Impact
- Several hundreds of ideas developed
- 112 measures evaluated in more detail
- 42M € cost savings potential identified
- A PMO was created to follow-up with implementation
The sust.biz Advantage
- We have demonstrated value-add in the past with the client, using the SCORE methodology
- Our ability to bring together cross-functional teams
- Our ability to create realistic and concrete savings measures
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Posted in Electronics
