Financial and Cost Improvement
Direct and Indirect Cost Improvement
The reduction of costs is a key driver for any business. Whether these costs are direct, in the form of labour and materials, or indirect in the form of energy utilisation, freight and other overheads, they exist to be reduced.
Our proven cost reduction methodology has successfully reduced operating costs for our clients over the last thirty years. Yield improvement, material pricing negotiation, variety reduction and improved maintenance have all contributed to millions of pounds and dollars saved.
Cash Cycle Compression
The pursuit of profit is all good and well, but we must never lose sight of cash management. The compression of the cash conversion cycle ensures that our free cash flow is optimised and available to us.
Our improvement approach focuses on reducing the time spent in three areas: Accounts Payable, Accounts Receivable and the Materials Transformation space.
Inventory Reduction
Inventory level is one of the key attributes to the cash conversion cycle, but in its own right it is worthy of improvement effort.
Our work in this area concentrates on optimising inventory holding to maximise required service levels. Working with procurement and planning colleagues, we look to tune the inflow of materials to the outflows, now and in the future.
The other two areas where we can bring the highest influence are as follows: Operations & Supply Chain & Customer Experience.