15% Cost Reduction
Design optimisation, supplier consolidation, supplier spend reduction – Regional Jet Aeroengine.
Client
European Aeroengine Client
Assignment
Develop proposals and embed savings on aeroengine programme to ensure product remains market competitive.
Approach
Employing SCOS & Project Charter methodology, conduct product breakdown structure and supplier spend diagnostic. Hold design, manufacture and supplier workshops to optimise product. Develop supplier reduction and negotiation strategies and improve value chain.
Outcome
Supported strategy execution and negotiations leading to 15% cost reduction on engine. Supply chain consolidation. Client ultimately able to win new contract due to more competitive price.