Accelerated Cost Reduction
Sustainable restructuring of small, medium and large sized businesses.
Unlock significant value rapidly and exert a positive influence throughout your business
KNOWLEDGE PARTNER
Empowering Cost Optimization
The ASQ-Praxis Value Alliance for Resilient and Sustainable Growth
In today’s dynamic business landscape, organizations face rising costs and digital transformation challenges, demanding immediate, effective solutions. The strategic alliance between Praxis Value and the American Society for Quality (ASQ) offers businesses a unique edge through their combined expertise in service excellence and quality management.
This collaboration integrates Praxis Value’s data-driven insights with ASQ’s proven methodologies, delivering holistic solutions for cost optimization and business transformation. By focusing on advanced analytics, operational excellence, and stakeholder engagement, the partnership empowers organizations to achieve sustainable cost management, improve cash flow, and enhance decision-making processes.
Through this synergy, businesses gain access to cutting-edge tools, proven frameworks, and expert guidance, enabling them to adapt to evolving market dynamics. The Praxis Value-ASQ partnership ensures organizations not only overcome immediate challenges but also build resilience, drive innovation, and secure a competitive edge for the future. organizations to achieve sustainable cost management, improve cash flow, and enhance decision-making processes.
We approach milestones that governs practical Cost Reduction Initiatives
Defining the long-term success and evolution of most industry value chains.
What we deliver
Zero Based Organization
Zero based Organization
Results : ↓ Indirect Costs by 25% - 40%
Predictive Intelligence
Predictive Intelligence
Results : ↓ Indirect Costs by 15% - 20%
Operational Excellence
Operational Excellence
Results : ↓ 20% in Operations& Logisitics Cost
Maintenance Excellence
Maintenance Excellence
Results : ↓ Maintenance Costs by 25% - 40%
Inventory Cost Transformation
Inventory Cost Transformation
Value Engineering
Value Engineering
Results : ↓ Maintenance Costs by 15% - 20%
From “Save –to– Grow” to “Save –to– Transform”
Integrating spend reduction levers with Next Generation Operating Models & Digital Technologies
Maximizing Cost & Spend Reduction Levers
Unwavering commitment on model, organizational efficiency & process improvement. Increasing compliance & decreasing non-labor costs
Evolving Responsibility & Service Delivery Models
Optimizing split of accountability between Corporate and Business Unit. While continuing to drive business operating model innovation.
Analytics & Automation – Efficiency Solution
Leveraging analytics for real-time insights, issues and exception management. Developing business processes by leveraging simulation, RPA, ML & AI.
What to Expect
Our Cost Transformation focuses on Long-term structural changes that reduce costs while increasing profit margins.
Help the finance to create the extended business value
Helps rebooting cost structure & being prepared for uncertain times
Steer funds to the projects & initiatives that will propel business forward
Change style of working to achieve continuous improvement
Develops efficient cross-functional programme
Instil a sense of ownership throughout the company
Our Four-Stage Cost Reduction Approach
Companies are being forced to swiftly change their cost structures due to low demand, declining profits, or new rivals.
Proven Outcomes
Client Result - Case Study
Metal Industry - Aluminum Business
Reduce Indirect Cost with Zero-Based Approach
Champions never rest on their laurels, but instead focus on the next stage goal. A company with around 5000 people across multiple sites is likewise on the lookout for a “North Star.” It all starts with an operations strategy and the initiatives that follow it, which should be applied at every location to improve efficiency. In addition to the OPEX problems, the corporation reorganized all manufacturing facilities using the “zero-based organization” method in collaboration with ASQ…
Core Competencies
WHAT CAN WE HELP YOU ACHIEVE?
You are on the way to the easiest business growth ever. Don’t hesitate and reach us today to change the future