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Strategic Cost Transformation

Leveraging digital cost management to transform

(This session is held in English)

 

Increasing competition and complexity in operating models are rapidly transforming the discipline of managing costs. Ambitions for reducing costs are hight. But success rates don't quite follow ambitions and are actually far from impressive, as revealed by Deloitte's Biennial Cost Survey 2019.

 

Increasingly, tactical and operational levers are failing to deliver on targets - and more structural changes are required if you want to sustain cost competitiveness. In this process, digital is taking the front stage in two ways:

 

- As and enabler for rapid and accurate triaging

- As the prescribed medication for decreasing costs (i.e. via cloud, automation etc.)

 

While most organizations are familiar with digital as the prescribed 'medications' for decreasing costs, via levers such as RPA, cognitive automation and cloud, digital for 'traging' is generally poorly understood and adopted. The key to success with triaging is to understand how highly specialized tools potentially enable a switch from narrowly focused one-off cost-out analyses to broad yet rapid diagnostics sprints. These sprints cover a broad range of structural hypotheses, enabled by specialized analytics tools that can be embedded permanently to lifting cost management maturity and establishing a robust and scalable platform to drive competitiveness and margins.

 

Join Deloitte's session about Strategic Cost Reductions to better understand how to manage costs within organizations in a save-to-transform world; learn about the latest global trends within cost management, and particularly why "save-to-transform" is the main mode of cost savings today.

 

Target group:

Executive and senior management responsible/interested in driving strategic cost transformation programs.
 

Level:

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Key takeways

 

Hear about the key findings of Deloitte's 2019 Biennial Cost Survey

Learn about the development that cost management programs are currently undergoing

    • Learn about specific levers and the analytics tools that can help address them


Time and place:

 

Deloittehuset, Weidekampsgade 6, 2300 Copenhagen S.

17/12/2019 kl. 08:30-10:00

 

Webinar

17/12/2019 kl. 11:00-11:30

Speakers

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Anders Harritz Lund

Anders is a senior manager in Deloitte Consulting's Operations Transformation practice. He is responsible for service offerings related to strategic cost transformation and supply chain strategy in the Danish market, representing the Danish firm in the global Deloitte Network. Furthermore, he is responsible for the Operations Transformation practice in Aarhus. Anders' core advisory area is design and delivery of sustainable structural transformation programs. He has worked extensively across core business operations as well as most support functions, across private sector industries such as consumer products, life science, manufacturing, logistics, energy and financial services.

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Tore Christian Jensen

As a part of the Strategy & Operations practice Tore has worked with analysis, development and implementation of operational strategies. Tore has deep experience with aligning business models to changing market demands through optimisation of business processes and aligning systems, organisation and governance accordingly. He has industry experience from manufacturing, transportation, consumer products and energy. His main focus is on on the operational core processes but he also covers administrative support processes. As a program manager Tore has been leading transformation projects for international clients heading multiple parallel projects and reporting directly to executive committee members. His responsibilities cover everything from initiating assessments, identifying opportunities for improvement to building business cases and following up by designing solutions and driving teams through implementation.