Profit Improvement through Cost Reduction

Propel can help you significantly improve profitability by making substantial and sustainable reductions to your business’ operating costs. We can help you identify and implement the changes needed to: 

• increase productivity and asset utilisation

• reduce procurement and supply chain costs  

Cost reduction programmes frequently fail because they are either unsustainable and divisive ‘slash and burn’ exercises, or because they comprise expensive reports that never get enacted. We can help you make your programme a success by designing and implementing a programme that finds the third way; one that both delivers tangible savings and is widely recognised as having had a positive impact on the business. 

The three key elements to finding the third way are:

Engagement - We engage your people by highlighting where money is wasted today, describing how cost reduction fits in with the strategy for growth, and by showing how the process for reducing costs can also improve quality, service, safety and job satisfaction. 

Detail - We help you ensure that cost reducing changes are sustainable by digging into the detail and removing the assumptions and long held beliefs that frequently undermine savings. We work from the shop-floor to the boardroom, from one end of the process to the other, measuring, testing and validating data and processes. No savings opportunity is left unturned and the effect of every change becomes predictable and sustainable.

Tenacity - We can help ensure that you make the changes to deliver the savings needed through our tenacity. Most programmes will, at some stage, face an unforeseen challenge. It is often only through grit and determination that these can be overcome.

To find out more please contact andrew.sutton@propelbusiness.com