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Assignment

Cost reduction study for Glass Manufacturer

Work Details

Client: World class float glass manufacturing facility in UAE, looking to improve profitability through cost efficiencies
Assignment: IdealMC studied their operations to come up with a report with cost suggestions.
This involved:
- Mapping the as-is processes with respective timelines and costs/expenses incurred at each stage
- Processes benchmarking with typical industry practices for possible efficiency improvements
- Studying all the individual cost components (direct and indirect) to identify cost reduction options i.e. cheaper substitutes without quality compromise, process rationalization to minimize duplication, tighter controls to minimize wastages / production losses
- Designing a to-be process with recommendations for cost savings wherever possible

Business benefits

- Fresh perspective on the cost structure
- Cost benchmarking
- Identified specific areas for cost reduction

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