Procurement cost reduction initiatives can reduce the cost of equipment and services by over 70% in certain categories, especially for proprietary/licensed products, bundled service/solutions, and captive customers. Comprehensive strategic supply chain reviews can identify, isolate, and rectify anomalous situations like this, and systematically drive costs down across the board.
Making optimal supply chain decisions on major capital projects also compresses the cycle time to "first production." Our experience shows that our engagements increase Return on Investment (ROI) by more than 10%, and revenue growth rate by more than 15%.
* These estimates are based on an ‘average’ project size and configuration.