Skip to Main Content
  • Insights
  • Team
    • Management Team
    • Board and Advisors
  • Careers
  • Contact
  • Industries
    • Chemical and Process Industry Consultants
    • Oil & Gas and Energy
    • Food and Beverage
    • Industrial Manufacturing
    • Life Sciences & Medical Technology Consulting
    • Aerospace & Defense
    • Private Equity Consultants
    • Mergers and Acquisitions Consulting
    • Transportation
      • Passenger Transit
      • Freight Transportation
  • Services
    • Business Rationalization Consulting
    • Enterprise Asset Management
    • Operations Due Diligence
    • Operations Performance Improvement
    • Performance Strategy Alignment
    • Idea-To-Value
    • Supply Chain Optimization
    • Turnaround and Restructuring Consulting
    • Procurement and Sourcing Consulting
  • Case Studies
  • About Us
  • Insights
  • Team
    • Management Team
    • Board and Advisors
  • Careers
  • Contact
Argo Consulting
Default Header
Previous Case Study
All Case Studies
Next Case Study

Learnings from a 5-year Partnership with one of the World’s Largest Products and Services Providers to the Energy Industry

 

THE SITUATION

Relentless and unprecedented market forces have forced companies in the Energy sector to rapidly reduce costs while increasing speed and efficiency or face extinction.  Being the market leader today is no guarantee for survival in the future.  Our client saw the coming winds of change and acted by engaging Argo’s Product Innovation and Value Management (PIVM) team to help them strengthen their market position and become more effective.

Argo’s Relationship and the results achieved with the client evolved over 4 distinct phases, as we ushered them into a never-ending improvement journey towards Lean New Product Development.

RESULTS AT A GLANCE

$195 Million

Improved Annual EBITDA through increased New Product Revenue and reduced costs

25 – 29%

Average cost reduction in product design

93%

Reduction in SKUs

Sustainment

Institutionalized organization and culture change for an on-going journey to Lean New Product Development

TABLE OF CONTENTS

Chapter 1 – Value Engineering

Chapter 2 – Portfolio Management

Chapter 3 – Lean Product Development – Project Management and Set-Based Development

Learn more about Product Innovation & Value Management

Product Innovation & Value Management Case Studies
View All
Argo Consulting

Australia • Austria • Belgium • Brazil • Canada • China • Denmark • Finland • France • Germany • Hungary • India • Italy • Mexico • Netherlands • Panama • Poland • Portugal • Singapore • Spain • Sweden • Switzerland • United Kingdom • United States

Industries
  • Chemical and Process Industry Consultants
  • Oil & Gas and Energy
  • Food and Beverage
  • Industrial Manufacturing
  • Medical Products, Pharmaceuticals & Life Sciences
  • Private Equity Consultants
  • Aerospace & Defense
  • Transportation
  • Mergers and Acquisitions Consulting
Services
  • Business Rationalization Consulting
  • Enterprise Asset Management
  • Operations Performance Improvement
  • Operations Due Diligence
  • Performance Strategy Alignment
  • Idea-To-Value
  • Supply Chain Optimization
  • Turnaround and Restructuring Consulting
Explore
  • About Us
  • Case Studies
  • Meet The Argo Team
  • Insights
  • Careers
  • Contact Us
  • Sitemap
  • Legal Disclaimer
  • Privacy Statement
  • Twitter
  • LinkedIn
© Copyright 2023 Argo Consulting