The operations cost optimizer framework is developed on the premise that, effective business management is the key to successful cost-optimization strategies.

The framework adopts a holistic approach in analyzing and managing key factors contributing to the operating cost and reduction of those costs in a structured manner through increased operating efficiencies.

In order to optimize the client's operating expenses, the framework focuses on four key factors such as, human capital cost management, systems & process management through shared services, utilities & infrastructure management and support services management that helps in  effectively delivering sustainable cost improvement.

Within these key factors, cost reductions are managed through short term and long terms improvements by establishing what drives the cost and how it can be improved.

Short term improvements – Includes optimal compensation management, benefit plan restructuring, utilities and infrastructure management, travel & training cost management and incidental costs management.

Long-term improvements - Includes organizational restructuring, implementation of shared services, optimal resource utilization, strategic sourcing and support services management.

Benefits

• Provides tangible cost savings along with increased operational efficiencies by providing a framework for structured approach

• Provides visibility into operations costs, opportunity costs, processes and quantified potential for  improvement areas

• Analyzes organization's operation efficiencies and underutilized benefits to bring in significant process improvements  that results in reduction of costs  

Key features

• Provides a comprehensive view of actual costs across all defined factors being analyzed. This facilitates  improvement that includes soft and hard measures

•  Prioritizes areas of inefficiencies and potential for cost improvement by improving operational efficiency and optimizing systems and processes under the defined factors

• Captures detailed cost under each area, determines opportunity cost and provides advanced scenario modeling to enable iterative scenario planning; showcasing different cost improvement possibilities

• Provides a logical approach to process engineering by structuring long term and short term activities in order to show clear improvement to plan, manage and realize cost optimization