Insights from The Lab

Digitization

Category: Digitization

By The Lab Consulting Cost Reduction Cost Reduction Strategies Digitization Knowledge Work Industrialization Knowledge Work Standardization Thought Leadership Process Improvement Standardization Supply Chain Operations June 18, 2022
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Paper and Packaging: Standardization & Robotic Process Automation Deliver Higher Plant Productivity and Better Customer Retention

Situation This packaging manufacturing company’s most popular products—paperboard and corrugated boxes—were historically the low-price leaders and their customers included many of the world’s most recognized consumer brands. But now some of these customers—across a complex network of wholesalers, manufacturers, and converters—were complaining about the “total costs” of doing business with the company. They pointed out …

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By The Lab Consulting Cost Reduction Cost Reduction Strategies Digitization Insurance Knowledge Work Industrialization Knowledge Work Standardization Thought Leadership Lean Insurance Process Improvement Robotic Process Automation in Insurance RPA in Insurance RPA in Insurance Industry Standardization June 7, 2022
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Insurance Brokerage: Standardization Enables Valuable Sales Automation and Reduces Administrative Burden

Sales and Operations The recently-hired COO of a large, successful, third-generation, family-controlled insurance brokerage struggled with a range of frustrating challenges. The traditional, “sales-driven” culture typical of almost all comparable brokerages was based heavily on personal, face-to-face relationships. Lots of businesses rely on this model for sales; however, this culture also pervaded senior management’s views …

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By The Lab Consulting Cost Reduction Cost Reduction Strategies Digitization Knowledge Work Industrialization Knowledge Work Standardization Thought Leadership Operational Efficiency Process Improvement Standardization Supply Chain Operations June 2, 2022
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Oil & Gas, Corporate Services: Facilities Management Standardization and Automation

Executives at the global energy provider were upbeat when they authorized a new, state-of-the-art corporate campus in the U.S. Over the course of construction, volatile oil prices periodically gave them mild cases of buyer’s remorse. More importantly, the unstable energy markets prompted them to review every aspect of Corporate Services. The objective was twofold: • …

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By The Lab Consulting Cost Reduction Cost Reduction Strategies Digitization Insurance Knowledge Work Industrialization Knowledge Work Standardization Thought Leadership Lean Insurance Process Improvement Robotic Process Automation in Insurance RPA in Insurance RPA in Insurance Industry Standardization May 27, 2022
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Life Insurance Carrier: Process Standardization and Automation Rapidly Boost Employee Productivity and Policyholder Experience

Policy Administration A leader in life insurance products for direct-marketing channels in the U.S. struggled to recruit and retain customer service reps (CSRs) for its contact-center operations. And the implications were more serious than simply long, frustrating wait times for callers. That’s because nearly half of all inbound calls involved intense efforts by CSRs to …

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