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Our Cost Optimisation methodology is underpinned by three approaches, each aligning to what we consider the most common needs and timelines a business may face to reduce costs and increase profits.
Within each approach, there are cost specific levers to pull on that we believe will deliver success.
Developing sustainable opportunities is of course vital for any cost reduction strategy. However unless validated, they may not be sustainable to achieve rightsizing. Our approach is designed to support you through cost optimisation implementation and avoid cost-creep in future periods.
Q5 Cost Reduction Consultants offer strategic advice and practical methods to optimise your organisation’s costs. We deliver different rightsizing approaches based on your organisation’s requirements and objectives.
This rightsizing approach is usually for an organisation requiring immediate cost reduction, usually in survival mode or in reaction to a one-off unexpected market impact e.g. COVID.
We would propose a rapid 4–6-week diagnosis with the aim of defining a prioritised list of cost optimisation opportunities focused on quick wins and also identifying longer-term initiatives from a high level.
This rightsizing approach is usually for an organisation requiring immediate cost reduction, usually in survival mode or in reaction to a one-off unexpected market impact e.g. COVID.
We would propose a rapid 4–6-week diagnosis with the aim of defining a prioritised list of cost optimisation opportunities focused on quick wins and also identifying longer-term initiatives from a high level.
