ProjectExternal cost reduction

Our client

Company RWE AG
Employees 59,000
Revenue $48bn
ProjectExternal cost reduction

Our client

Company RWE AG
Employees 59,000
Revenue $48bn

innogy Consulting’s impact:

  • We reduced the external spend of the client’s group and its subsidiaries, identifying measures and savings targets equalling 10% of the overall cost base
  • We focused on restructuring responsibilities and generating procurement synergies across the group to identify major savings

Background and challenge:

  • The client was experiencing high external spending due to ineffective procurement processes and administration

 

Our approach:

  • We aggregated data from multiple sources including interviewing experts and conducting workshops. Saving ideas were prioritized according to their financial impact and likelihood of implementation
  • We planned cost reduction measures across multiple areas in close collaboration with client

 

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