Київ: вул. Саксаганського 110, оф. 5
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Київ: вул. Саксаганського 110, оф. 5
Тел: +38 044 234 94 63
Харків: пров. Театральний 11/13, оф. 505
Тел: +38 000 000 00 00
Замовити
Консультацію

Transformation of operational efficiency implementing cost optimization

Client: Split FinancialBusiness: FinancialBudget: $250,000Experts: Trevor Pena, Etta Webster

Transformation of operational efficiency implementing cost optimization

Client: Split FinancialBusiness: FinancialBudget: $250,000Experts: Trevor Pena, Etta Webster

Chalice Consulting analyzes the ways for transforming financial operating efficiency implementing cost optimization methods creating the necessity of having access to relevant, reliable, and timely information on proficiency and available costs.

The ChallengeOur client is a progressive retailer across the US. The company has increased its growth due to one strategy. It opened a new store. When the retailer achieved the store expansion objectives, the CEO began to think, where will be the next growth and what abilities the retailer needed to result in that growth.

SolutionWe applied our methodology of growth to support a CEO for approximately one year to cause enormous savings and facilitate financial growth. The case began with the phase of assessment in which we benchmarked the effectiveness of the retailer, evaluated its organizational efficiency, set enhancement goals, and worked out an agenda for continuous growth.

ResultsThe retailer achieved numerous advantages from our first steps across each of the 3 goals. It was capable to exceed $590,000 in net cost savings in the targeted areas and saved even more than it was planned within the framework of one year. Due to its forums on management, the processes of making decisions, management of performance, and the processes of talent development, the enterprise has scaled up its organizational efficiency and fueled a high-performance culture ready to stimulate growth. Additionally, the retailer has improved its skills in customer analysis, merchandising, marketing, and Internet retailing via targeted reinvestment. The CEO and the CFO have recognized in public that the initiative’s contribution to the whole company’s performance, which was further evidenced by a 32 percent increase in the company’s stock price within 12 months.

Services– Financial planning – Economic capital management – Retirement planning

Client's Review

Appointed Experts

Trevor Pena

Consultant

8 years of experience

Etta Webster

Marketing Director

12 years of experience

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