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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End-to-end (E2E) standardization—from sourcing through production and distribution—to modernize supply chain ops Disruptions in the distribution landscape were threatening to overwhelm the company. Costs were skyrocketing for both direct (ingredients and packaging) and indirect (MRO or maintenance, repair, and operating supply) materials alike. Despite the company’s hefty ERP and CRM investments, they’d been set up—and …
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Standardization and Automation Needed to Retain “One-Stop Shop” Advantage For two decades, the building products division of this company dominated its competitors by getting its premium quality products specified for new institutional construction projects. The initial sale was profitable; later replacement and maintenance service was even more lucrative. And the entire service offering was typically …
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Our last blog article discussed the challenges of lean finance management transformation in hospitals. In this article, we’re sticking to the topic of lean finance transformation. But we’re changing the venue to insurance. Are there more similarities than differences? Read on, and decide for yourself. Finance transformation with lean principles and the CFO in the …
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