With customer demand fuelling the rise of the hybrid, where does that leave EVs?
Automakers are facing a dilemma – with demand for hybrid cars burgeoning but having already invested in building pure EV platforms, what should they do now?
At Vendigital, we understand the importance of having the right operating strategy for your business and investing in and leveraging your organisation’s key capabilities to reduce costs, bolster resilience and ensure sustainable growth. By combining operating strategy consulting expertise and our proprietary digital platform we are able to generate and embed data-driven insights to deliver measurable and sustainable outcomes for clients.
We will work alongside you to shape your strategic vision and translate this into operational and tangible actions for your business. Whether these are localised workstreams in functional areas of your organisation, or large transformational engagements, we will identify opportunities to reform your business ensuring we are engaging with your teams and bringing them along the change journey. Our operating strategy consultants are qualified to help you identify a clear path ahead.
Ultimately, we help businesses achieve a long-term step-change in operational performance across their value chains through the articulation of a clear strategy and direction, development of clear operational structures, and by instilling and embedding the right behaviours and skills across the organisation.
Having the right operating strategy is crucial for any business looking to optimise costs and gain competitive advantage. From building new capabilities at scale to better adapting to changing circumstances, a robust operating strategy can bring a number of benefits to your business, including:
A focus on operating strategy will provide a business with improved cost management through initiatives such as deploying data-driven insights to leverage benefit from the supply base, removing low-value activities though the use of technology, implementing procedures and policies to manage and monitor cost, and increasing procurement control over sourcing. Improved cost management reduces waste and allows greater re-investment into the business.
The right operating strategy can transform how a business performs. From supply chains designed to be resilient, a target operating model that optimises capabilities and enables successful, efficient delivery through to embedded operational excellence. It also helps create a culture of consistent learning and development leading to operational performance improvements which allow businesses to move at pace and realise a step-change in competitive advantage.
Improved customer service is brought about through a higher quality and speed of service coupled with a sustained focus on customer value. Through digital transformation, customer service can be improved by the use of real-time KPIs, predictive quality modelling and the integration of tools and systems. When combined with other initiatives, such as an optimal target operating model, this delivers enhanced customer value, balancing efficiency, quality and flexibility.
Improve your operational performance
Our operating strategy consultants have held senior functional and line roles in industry before moving into consulting roles. We leverage this industry knowledge, operational experience and consulting expertise to build effective engagement across our clients businesses whilst building capability that will drive sustainable results and tangible benefits.
To complement and support our team, we have developed proprietary data analytics tools that allow our team to take a client’s internal data, in multiple formats, and transform it in a way that provides a powerful insight into their business. Our team are then able to use these data-led insights to conduct a deep-dive into all areas of our clients’ operations and strategy – and identify opportunities for optimisation.
In addition, we’re focused on delivering long-term outcomes for clients – we focus on upskilling in-house teams to ensure they benefit from sustainable improvements long after we leave.
Whether you’re looking to make longer-term strategic cost decisions or drive operational efficiencies at pace, we work as part of your team to deliver tangible, quantifiable results.
Internal cost reduction
A data-led approach to understanding the drivers of cost across a business and the approach required to sustainably reduce the cost. Our approach is not to slash at costs until they are at target levels but to reach the required savings in an insight-led and sustainable way. This means that we are able to take your employees on the journey with us.
Target Operating Model
Target Operating Model is a framework to optimise a business and deliver the business strategy. Our operating strategy consultants focus five key areas to establish a solid operational base: Core business processes; Technology infrastructure; Structure and governance; People and culture; and Data, measures and KPIs.
By focusing on these, our team can understand all facets of your business and then use their experience to make the changes that are needed to deliver tangible, long-term cost benefits.
Supply chain design
Supply chain design involves modelling the end-to-end supply chain to gain a full picture spanning from customer requirements through to distribution. Supply chain design considers the overall strategy, processes, and organisational structure as well as technology use and automation opportunities. A well-designed supply chain will lead to greater cost efficiencies, greater flexibility and resilience against market changes as well as improved levels of customer satisfaction.
Operational excellence
Operational excellence promotes consistent learning and improvement throughout the entire organisation, ensuring improvements are deeply embedded into the structure of a company and aligned towards achieving the organisation’s strategic objectives. Our framework builds a systematic approach that brings together all elements of Lean thinking to drive overall business improvement, through the engagement of employees.
Performance management
Our performance management solution combines process, people and technology to develop a robust business strategy. By focusing on key strategies our team are able to work with you to make the small changes to your daily routines that add up to a significant difference. These might include the entire company operating on a plan-do-check-act cycle, data driven decision-making, consistent visibility and ability to learn from results and the empowering and inspiring of improvement behaviours on the ground that link to and deliver business strategy.
Lean and process improvement
A step-wise methodology with the aim of removing non-value add elements from manufacturing or back-office processes. By utilising a suite of recognised lean tools and techniques to target ‘waste’, our experienced team work with client teams to systematically remove elements in your manufacturing or other processes that do not add value, thereby streamlining your processes and reducing operational costs.
Digitalisation
For the most effective and efficient results, operating strategies need to be informed and implemented through technology. Digital can focus on either external factors, internal processes or both. A robust digital transformation strategy, which includes the integration of technologies can provide a number of benefits including improved process efficiency, better demand forecasting, enhanced product quality and can facilitate innovation.
Whether you’re looking to make longer-term strategic cost decisions or drive operational efficiencies at pace, we work as part of your team to deliver tangible, quantifiable results.
A data-led approach to understanding the drivers of cost across a business and the approach required to sustainably reduce the cost. Our approach is not to slash at costs until they are at target levels but to reach the required savings in an insight-led and sustainable way. This means that we are able to take your employees on the journey with us.
Target Operating Model is a framework to optimise a business and deliver the business strategy. Our operating strategy consultants focus on five key areas to establish a solid operational base: Core business processes; Technology infrastructure; Structure and governance; People and culture; and Data, measures and KPIs. By focusing on these, our team can understand all facets of your business and then use their experience to make the changes that are needed to deliver tangible, long-term cost benefits.
Supply chain design involves modelling the end-to-end supply chain to gain a full picture spanning from customer requirements through to distribution. Supply chain design considers overall strategy, processes, and organisational structure as well as technology use and automation opportunities. A well-designed supply chain will lead to greater cost efficiencies, greater flexibility and resilience against market changes as well as improved levels of customer satisfaction.
Operational excellence promotes consistent learning and improvement throughout the entire organisation, ensuring improvements are deeply embedded into the structure of a company and aligned towards achieving the organisation’s strategic objectives. Our framework builds a systematic approach that brings together all elements of Lean thinking to drive overall business improvement, through the engagement of employees.
Our performance management solution combines process, people and technology to develop a robust business strategy. By focusing on key strategies our team are able to work with you to make the small changes to your daily routines that add up to a significant difference. These might include the entire company operating on a plan-do-check-act cycle, data driven decision-making, consistent visibility and ability to learn from results and the empowering and inspiring of improvement behaviours on the ground that link to and deliver business strategy.
A step-wise methodology with the aim of removing non-value add elements from manufacturing or back-office processes. By utilising a suite of recognised lean tools and techniques to target ‘waste’, our experienced team work with client teams to systematically remove elements in your manufacturing or other processes that do not add value, thereby streamlining your processes and reducing operational costs.
For the most effective and efficient results, operating strategies need to be informed and implemented through technology. Digital can focus on either external factors, internal processes or both. A robust digital transformation strategy, which includes the integration of technologies can provide a number of benefits including improved process efficiency, better demand forecasting, enhanced product quality and can facilitate innovation.
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 cut through complexity quickly
We're focused on delivering long-term outcomes for clients
We work with clients to set the strategy and deliver the nuts and bolts of the solution
Intelligent approach to cost optimisation through deep understanding of cost and cost drivers
Deliver quantifiable cost reductions through our cost neutral fee structure
WHATEVER YOUR REQUIREMENTS, WE PROVIDE SOLUTIONS TO FIT YOUR BUSINESS NEEDS…
Automakers are facing a dilemma – with demand for hybrid cars burgeoning but having already invested in building pure EV platforms, what should they do now?
The EU commission has also stated that it is “open to a mutually acceptable solution” on the subject of Chinese EV imports. While a path to agreement is likely to take time, it could be a win-win for the EU and China.
New product development (NPD) in the FMCG sector often comes with high cost and carbon implications. Businesses must create a holistic process that considers these aspects from ideation through to waste minimisation.