Transverse Cost Reduction Programme
Key Activities:
- Led a transverse cost-cutting programme for an operator in a six months period to improve profitability
- Reviewed all P&L sections and identified key areas for short term savings
- Implemented strong governance and project management across the company to ensure alignment on cost reduction measures and execution
- Led analysis and benchmarks on several key topics, including Distribution costs, headcounts, fraud related leakage and satellite costs reduction
- Coordinated cost reduction initiatives across all key dimensions over a six month period
Results Achieved:
- 5% of overall costs deleted directly resulting from our intervention
- Identification of significant sources of fraud and revenue leakages
- Revamped distributors' commissioning scheme
- Significant reduction of headcounts (-c.250) without penalty
- Re-negotiation of key outsourcing contracts
- Implementation of new recruitment processes allowing better headcounts identification and followup
- Satellite bandwidth optimization and price renegotiation
