Prudenta Digital Cost Optimization Strategies - Business Playbooks Software - Automate Your Runbooks with Ease
65%

of executives prioritize supply chain and manufacturing costs

83%

of companies met or exceeded initial cost savings targets. However,

45%

of companies experienced costs eventually creeping back.

Key areas include logistics optimization, digital lean manufacturing, and flexible sourcing.

Cost savings fund key initiatives like digital and AI, sustainability, and supply chain resilience.

Cost Management: Strategic Priorities and Challenges for 2024

Amid macroeconomic challenges and the need to expand product lines and throughput, effective cost management has become crucial for organizations. This section presents key statistics from the latest BCG report, highlighting the strategic priorities and challenges facing executives in 2024.

Cost Optimization Killers

Cost Optimization Killers

Making cost a big scary secret.

  • People can’t improve what they don’t understand.
  • Tell them what it is, why it’s important, and how to track and improve it.
  • Teach everyone to read a balance sheet.

Running the race as the hare instead of the turtle.

  • Reducing costs in sprints is hugely ineffective. Adopt an even & constant strategy of prudent frugality.

Having Cutting Cost be the objective instead Quality.

  • When you focus on cost reduction it results in loss of confidence in leadership and anxiety about the future.
  • When you focus on reducing the Cost of Quality it inspires and engages people.

"Avanulo has worked on scores of major projects over the last 15 years around cost optimization resulting in cost savings exceeding $500 million"

15% Avoidable costs due to manual operations

68% Impact on the bottom line due to operational inefficiencies

17% Cost impact due to inefficient employee onboarding and time to productivity

Success Stories

$27M

Consumer goods annual operational cost savings in 3 months

$35M

Food processing plant labor cost savings in 3 months

$9M

Tier 2 auto plant cost saving in 6 months

$4M

Paper mill operational cost optimized in 3 months

Prudenta Digital combines Avanulo’s lean framework with digital playbooks for sustainable outcomes.

Avanulo’s Lean
Framework

+

Digital playbooks

Fastest way to start execution!

We have put together carefully considered Prudenta toolkit to help you get to your outcomes faster. The starter package includes:

Consulting/advisory Set of automated digital playbooks Set of ready-to-use templates, tools, & resources
80 hours initially 1440 review system Task based budget
100 hours weekly check-ins for next 2 months Prudenta kickoff playbook Risk management tool
40 hours of monthly check-ins for 4 months Daily review cadence Opportunity tree
- Weekly review cadence Project calculator
- Monthly review cadence Gemba walks
- Optimization playbook -
Start Execution

Start execution

Using Prudenta, you can cut the time from implementation to results, in half, double the return per project, achieve your goals without restructuring, and enjoy lasting impact

The starter package includes:

  • 220 hours of consulting/advisory
  • 6 Operational Playbooks
  • Custom templates, tools and resources
  • 500 Users

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about Prundenta Digital?

consistent
Driving Consistency

Pre-planned activities help standardize operations.

flexible
Setting Foundations

Streamline basic operations and focus on the big picture.

efficient
Providing Guidance

Teams should know what to do in any situation.

scalable
Enabling Scale

Handle multiple scenarios across multiple roles.

Playbooks for success

Standard processes, faster.

A leader in retail analytics achieved an 18% reduction in onboarding time by implementing Playbooks across multiple roles.

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