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Case Study — Cost Reduction

Problem:

Realize post-merger cost synergies.

Solution:

--- Identified obscure category of unnecessary costs of duplicative operations.

--- Within 30 days, developed small cross-functional team and processes to review payments to more than 140 inherited partners worldwide.

--- Prepared model approach, renegotiated agreements, payments, and terminated overlapping facilities.

--- Eliminated compounding drag on company resources.

Financial Impact:

--- Generated more than $40 million in cost reductions in less than 24 months.

Strategic Impact:

--- Exposed and re-aligned an “orphaned” chunk of post-merger waste that escaped pre-merger due diligence radar.

 

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Please feel free to contact us for additional information regarding the above and similar projects.

info@ibex-group.com

streamline alignment