BUSINESS TRANSFORMATION

Major FTSE 250 Retailer

Business Restructure

Restructured the organisation to notably reduce operating costs and refocus the organisation

The Challenge

The retailer was facing an ever increasing competitive market. Sales were in decline, and the existing cost base was too high.

A major cost saving initiative was needed to radically reduce operational expenditure whilst restructuring the company to turn the situation around and drive sales and profit growth.

How we supported the client

We agreed the saving targets needed by the organisation. We then led op model redesign work for new functions to reduce the cost base to the required number.

We provided external challenge on costs, and managed the rollout of the required changes

The Outcome

New op model designs agreed with the executive board. Design was implemented and major savings are now being realised (including over £15m in-year in the first year).

Find us

30 Moorgate,

London, EC2R 6PJ

sda

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