Operational Efficiency
Optimizing people, organization structure, process and technology across the finance, human resources and information technology functions to accelerate business profit, customer satisfaction and market growth.
Symptoms
- Deteriorating internal business factors:
- excessive inventory
- reduction in profit
- slowing order to cash cycles
- sub-optimal investment in corporate infrastructure
- Random downsizing without regard to fact-based analysis
- Duplication of resources, work effort, processes and technology
- Different processes used to complete the same tasks
How We Can Help:
Operational Diagnostic Assessment
Rapidly assessing your business with a highly structured program to identify a portfolio of improvement opportunities.
Cost Management/Cost Reduction
Developing and implementing programs that minimize risk and operational disruption to the organization.
Cash Management
Maximize net cash flow to minimize working capital requirements.
Activity Based Management
Identify the appropriate operational levers and cost drivers to facilitate better management decisions around products and services pricing, cost and mix.
Real Solutions… Measureable Results
Knowing that there was a significant amount of duplication within its global operations, this organization insisted on a detailed improvement portfolio to leverage existing technology, eliminate duplication and create efficiency.
We completed a global assessment of its staff roles and responsibilities to identify the percentage of time spent by individual, by activity and cost expended for the accounting, billing, accounts receivable, procurement, accounts payable, general ledger, and management reporting functions. A portfolio of improvement initiatives was provided and we assisted the CFO with the implementation of focused improvement programs to meet its operational goals. This organization realized over 40% reduction in operating costs as a result of a formal re-alignment of resources and tasks, movement of non-core processing off-shore, use of common technology tools and resource sharing.
