COST OPTIMIZATION
BUSINESS IMPERATIVE
You need to take out cost while preparing for growth in the future. You are concerned with hidden costs in your structure that are hampering your ability to innovate and invest in new areas. You need to prepare your people to adapt to new cost structures while nurturing a caring culture.
KEY ISSUES
How much visibility do you have to your costs? Where are they buried in your structure?
Are you measuring your costs in a meaningful way that allows you to make sound management decisions?
How do you know you are spending money in the right functions and capabilities?
Where can you trim waste? Excess functionality? Underutilized resources?
What is your data saying about your cost structure? is it aligned to your strategy?
How do you cut cost without limiting your ability to grow?
HOW INNOVANT HELPS
We systematically analyze your cost structure at a detailed level in order to understand where costs reside - whether they are visible to you or not
We bring management accounting expertise to frame your data and information that helps you make sound decisions
We measure your costs in practical, measurable ways so that you are able to track them over time
We help establish a cost baseline
We bring a holistic view that includes people, process, technology and culture
We align our cost optimization recommendations with your long term vision and goals
We bring impartiality and objectivity - there will be no "sacred cows"
THE INNOVANT ADVANTAGE
We bring speed and an accelerated approach - which is tried and tested
We have access to data and external benchmarks to allow us to pin-point cost take-out opportunity areas in an impartial and practical manner
We are experienced veterans in cost optimization projects and have successfully dealt with both private and public sector cost take-out initiatives- unionized or not