We were recently fortunate enough to bring together board members and senior leaders to consider the challenge of what could be done differently to plug the £8bn hole in UK rail finances.
Measurable and sustainable cost Reductions
We combine multi-disciplinary consulting expertise with our proprietary digital platform – through our Insights360 methodology – to transform clients’ cost bases at pace and deliver benefits to their bottom line.
By converting clients’ operational data into a single source of truth, we are able to deploy data-driven insights to embed:
• Specific and quantifiable operational cost savings – including quick wins
• Cost analytics capability within clients to enable quicker, data-led decision making and efficiencies to be achieved on an ongoing basis
Data-led insights help us identify key cost reduction opportunities within clients and where to have high value conversations across their business – ultimately, it is through this deep engagement that we are able to implement and embed long-term benefits.
Core to our approach is our deep operational capability and industry experience, and in-house data science and data analytics expertise.
Importantly, this is underpinned by significant experience of leading change programmes at the coal face – as a result, we’re able to work with clients to both set the strategy and deliver the nuts and bolts of the solution.
We don’t just advise you on what needs to be done, we work with you to execute the plan and generate cost benefits for your business.
Consulting expertise and digital platform combined
Our Insights360 methodology is at the core of everything we do. It brings our consulting expertise and proprietary digital platform together to drive measurable and sustainable cost reductions for clients through a four-step process:
1. Transform – Our operational and data experts consolidate and transform cost, activity and revenue data from clients’ multiple systems, and apply advanced analytics and agile data modelling.
2. Insight – We overlay our operational and industry expertise to identify both quick win and long-term cost saving opportunities.
3. Deliver – We achieve quantifiable and guaranteed operational cost benefits, working in partnership with clients to manage change at pace.
4. Sustain – We upskill in-house teams and embed cost analytics technology within clients to ensure ongoing benefits can be realised.
Why choose Vendigital?
We are ideally placed to help complex businesses accelerate the transformation of their cost bases.
Client collaboration is at the heart of our approach
We work in genuine partnership with businesses to implement and embed long-term benefits, and don’t just look to apply one-size-fits-all processes
We cut through complexity quickly
We’re able to rapidly generate enhanced operational intelligence from a mass of unstructured data by bringing consulting expertise and our digital capability together through our Insights360 methodology
Deep understanding of cost and cost drivers
We apply an intelligent approach to cost optimisation to focus in on specific areas of cost that will deliver tangible, long-term benefits to the bottom line
Cost neutral fee structure
We deliver quantifiable cost benefits – both quick win and long-term – that are identified and committed to up front
Both set the strategy and deliver the nuts and bolts of the solution
Our blended delivery teams comprise operational experts with significant experience of leading change programmes at the coal face
We’re focused on delivering long-term cost outcomes for clients
Our clients own the solutions we deliver – we upskill in-house teams and embed the solution within the business, enabling clients to generate cost benefits on an ongoing basis
Brexit and the Covid-19 pandemic continue to affect organisations across the business landscape. Decision-makers must find ways to live with disruption by adapting their business models, while controlling costs.
With so much venture capital up for grabs, electric vehicle (EV) start-ups and other tech companies in the sector have arguably never faced a better opportunity to fast-forward their strategic growth plans.
At a time when inflation is rising and supply shortages are impacting productivity, cost control has never been more important. So, how can manufacturers go about optimising costs when operating in uncertain markets?