This is increasingly true in an environment where competition is stimulated by globalization and digitalization, resulting in tight margins.
However, Cost Reduction is a double-edged sword. If precipitated and done superficially (blind cost freeze, flat reduction applied across the organization, etc.), it will only postpone the problem.
The only way to achieve long-lasting cost reductions is to take a structural approach, where benefits will come in two flavours:
- Short-term benefits, from the reductions in themselves that will build up incrementally across the years.
- Long-term benefits from company transformation projects: business & operating models, IT Architecture, etc.
Through one of our customer’s Case Study, we will demonstrate the benefits of a Structural Costs Reduction Project.
Along with this business example, we will illustrate our methodology and pragmatic approach to unlock the full potential of Structural Costs Reduction. Expert : Michel Maréchal – Senior Manager ngage - Edouard Hansoulle – Manager ngage
Experts: Michel Maréchal, Senior Manager and Edouard Hansoulle, Manager (nGage Consulting)