According to Gartner research, only 43% of companies are successful with achieving their cost saving targets in year one with only 11% able to sustain those benefits for three consecutive years. Whilst there are a number of reasons for this e.g. no cost management framework, lack of proven approach, not being data informed & led, inability to connect the dots between cost reduction vs. cost optimisation vs. value optimisation, believing its an issue for Procurement to solve etc , the research clearly shows its time to rethink current approaches when it comes to cost transformation.
Cost Optimisation Consultancy, our story began with a passion for helping businesses succeed with their efforts around Cost Transformation. Our founder saw a need for personalised, results-driven consulting services, and set out to create a company that would meet that need. Today, we continue to uphold that same passion and commitment to excellence.