RELEASING FINANCIAL RESOURCES
INVENTORY EXCELLENCE
Reduce inventory costs quickly and sustainably to free up significant cash for strategic and operational initiatives. With EFESO, you can identify the measures that are critical to success in order to achieve optimal results for your company.
To do this, we combine various key elements, such as the redesign of supply chain processes and the introduction of digital planning and control methods. In addition to improved collaboration with suppliers and anchoring inventory management excellence in the management team, we address many other objectives.
EFESO's program to reduce inventory costs comprises the following phases and steps:
Results
Companies achieved these results in inventory cost reduction programs with EFESO (selection):
Project "Inventory Cost Program": Improving agility and cost structure to effectively counter increasing competitive pressure in global sales markets. The focus here was on the supply chain.
Approach:
- Optimization of supply chain processes.
- Designing the warehouse according to the VMI principle.
- Deepening supplier integration, including by establishing digital tools such as web EDI systems and cross-company harmonization of data structures.
Results:
- Consistent machine data utilization and integrated controlling right up to plant management.
- Use of total process costs as a basis for procurement decisions.
- Reduction of inventories by more than 20%.
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CASE STUDIES & INSIGHTS - PRACTICAL EXAMPLES
Cost reduction/restructuring due to market changes
CASE STUDY:
A plant and mechanical engineering company had to ensure its competitiveness. EFESO identified all the adjustment screws for the necessary changes at a production site in Germany and got the turnaround going with a multi-layered restructuring approach.
Zero-Based Organization
CASE STUDY:
Champions do not rest contentedly with their success, but always have their sights set on the next milestone. A technology group with around 20,000 employees at over 16 locations worldwide is also orienting itself in the direction of such a “North Star”. His starting points: an operational strategy and the initiatives derived from it, which should be implemented at every location in order to make them even more efficient.
Value and Cost Engineering
CASE STUDY:
Cost transformation from premium to volume provider. Mass manufacturers who expand their Product portfolio into higher price segments are not uncommon. A premium manufacturer of refrigeration appliances, on the other hand, takes the opposite approach. What seems banal from a technological point of view is an enormous challenge from a cost perspective. EFESO accompanied the company in this demanding transformation project.
Streamline production and logistics
CASE STUDY:
The Italian group Marcolin S.p.A. has been designing, manufacturing and selling sunglasses and optical lenses for well-known brands such as Tom Ford, Bally, Moncler, Sportmax and Ermenegildo Zegna for 60 years. In 2018, she sold more than 14 million pairs of glasses through 150 distributors in 125 countries. Optimal management of the fashion company's international supply chains and production processes is correspondingly important.
Safeguarding the site thanks to lean value streams
CASE STUDY:
With hard targets for the entire operations area, a valve manufacturer is aligning a plant location for the future - and thus securing the site in Germany. Together with EFESO, the company restructures its manufacturing and logistics and achieves, among other things, an OEE of more than 85%.
Cushioning cost pressure with energy management
CASE STUDY:
A dairy group identifies the topic of energy efficiency as a lever to cushion cost pressure from falling production volumes. The case study explains, how the company determines with EFESO suitable starting points for one of its plants. The potential of the measures in terms of possible energy savings, their CapEx and their amortization are specifically quantified.