Streamlining Operations and Logistics to Achieve Significant Fixed Cost Savings for a Leading Cosmetic Company”
Client Context
- A leading family business in cosmetics, headquartered in France
Key Challenges
- Optimization of the fixed costs within the scope of operations and logistics
- In the context of decreasing volumes, the main challenges were to:
- Adapt fixed cost on unfavorable conditions
- Identify improvement and optimization areas
- Benchmark each department with similar companies with the aim of designing smartest dimensioning
Approach & Key Success Factors
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Co-constructed with the managers to reduce implementation risks
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Identified and enhanced the axes of improvement and optimization
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Designed different scenarios (quick wins and mid-term) while simultaneously investigating feasibility with HR
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Built a storyline for the COMEX
Results
€6.7M
Savings
20%
Reduction in fixed costs