INDUSTRY Electronics
ANNUAL REVENUE 9B €
“Our competitors forced us into a cut-throat cost competition. We needed to reduce cost big time and fast”
-CPO
350+
cost saving ideas
100M+ €
cost savings identified
PMO
created to drive implementation
The Big Idea
Fast and massive cost reduction, as a matter of company survival: A global player in telecom equipment got under massive cost pressure from Chinese state-funded competitors. While large scale infrastructure tenders are sold on technology and cost, the board initiates a short-term, high-pressure program to identify 100m€+ cost savings. The COO and CPO get tasked to implement the program immediately.
Blueprint and Roadmap
We conducted multiple workshops with all category teams to identify and evaluate cost saving ideas. We worked with cross-functional teams to get the ideas ready for implementation.
Creating Impact
- 100m€ cost savings opportunities identified and presented to the Board for approval.
The sust.biz Advantage
- Our Electronics Industry knowledge
- Our Procurement knowledge
- Our structure and rigorous approach to drive results
