Case Study: Independent Analysis and Recommendations
Customer:  Dairy Products Manufacturer 
Goal:  Increase company focus on driving cost out of its family nutrition products and processes 
Background:

  • Company mission includes creating and growing consumer value, making environmentally-sensitive decisions ‘from cow to consumer’ and responsibly producing high quality natural dairy products

  • Family nutrition products are sold in a wide variety of countries in a variety of traditional formats including tins, bags (stand-up and pillow), bag-in-box

  • Focused predominantly on packaging and harmonization, the objective was to develop a portfolio of quantified cost saving ideas assessed for implementation

Process Overview:

  • Desk based analysis conducted by an Alchemy Partner over 6 weeks using relevant company data and products

  • Harmonization and product redesign options generated using data, market / technology reviews and expertise within the Alchemy network

  • Technical feasibility and potential hurdles to implementation assessed; and ideas quantified and prioritized

Results:

  • Annual savings and enhancements identified – conservatively Euro 5.4 million

  • Presented recommendations in review with key stakeholders and action plan for 30 key projects agreed

  • ROI based on 1 average value savings project was in excess of 700% or 7 times the investment made in Alchemy's resources 

These examples likely contain familiar situations and challenges, but are you getting these results?

Intermission!    Here's a 3-minute video about an especially-customized version of a savings workshop!

Discuss your challenges with us!

Catherine Roy +1 973 570 5951

Shaun Rymer +44 7794 475 640
Solutions@AlchemyPartnersNetwork.com

Case Study: Factory-based Workshop, our most popular service
Customer:  Global Fast-Moving Consumer Goods Company
Goal:  Revitalize existing savings program and replenish savings pipeline
Background:

  • Consumer products manufacturer is no longer getting results by 'doing it the way they'd always done it' 

  • Finding savings is mostly a Supply Chain responsibility 

  • Focus is on personal care products, mainly liquid in bottle formats, to find savings for current year plus next 3 years 

Process Overview:

  • Scope, goals and approaches discussed and agreed, leading to a 2-day workshop, with maximum cost agreed as well

  • Customer collected requested business data over 4 weeks

  • The project leader, an Alchemy Partner, analyzed company data over 2 weeks to customize and create tools and workshop structure

  • Factory-based workshop held with 20 cross-functional participants, coached by Alchemy Partner and a network partner

  • Savings ideas generated, categorized and prioritized; top ideas developed into project briefs during the workshop 

Results:

  • Annual savings and enhancements identified - conservatively $23 million from ideas with project briefs

  • Alchemy fee was equal to 1 year's savings from 1 small project

  • One year later: Of the 13 top ideas developed, 7 were underway or implemented already, and annual savings were estimated at $21.7 million