Rapidly growing organizations often find themselves in a situation where they are no longer as nimble as before and the competitive pressures are mounting. This calls for measures to challenge the current cost structure and find ways to become more efficient. Our cost reduction methodologies have helped organizations find ways to permanently cut costs while maintaining service delivery and quality standards. Our work includes:
A global offshore drilling company faced pressure to restore profitability to the organization following multiple acquisitions over the years. Their administrative and operating cost benchmarks exceeded most of their competitors and the lack of efficiency was becoming evident to their customers. The company did not take the time to streamline processes or rationalize certain operations following the acquisition growth.
Trenegy analyzed and benchmarked the company’s key work processes and helped develop a set of organizational alternatives to reduce costs and improve customer facing processes. We worked with key leadership to select the optimal organization strategy, develop a roadmap to simplify the management structure, and streamline major processes.
