The Upside of a Teardown
BCG’s cost reduction program and product teardown for a European pump manufacturer surpassed expectations and set the stage for ongoing innovation.Read the story
A leading steel manufacturer in Asia wanted a more sustainable path to profitability. During a 12-month transformation effort, it targeted three areas for profitability improvement: sales and marketing, working capital and planning, and procurement.
In particular, the project focused on aggressive end-to-end cost reductions and ensuring the security of raw materials. The result? An annual savings of approximately $50 million.