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
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
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
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
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
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
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
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