Reduce costs and secure the future

Cost-cutting measures for manufacturing companies

Fast, sustainable and P&L-effective measures to reduce costs

Who is our cost-cutting advice aimed at?

CEO / CFO / COO

Holistic cost reduction in production, logistics and related areas

  • How can we help?

  • Transparency about cost drivers

  • Safeguarding strategic decisions

  • Preparation for market changes

HEAD OF OPERATIONS

Measures along the entire value chain

  • How can we help?

  • Optimize material flow

  • Reduce inventories and throughput times

  • Overhead adjustment

WORKMANAGER

Optimization of production costs and more control

  • How can we help?

  • Reduction of variable costs
  • Increasing production stability

  • Reduction in overheads

Rapid effectiveness of cost-cutting measures

5 reasons for consulting with ifp consulting

  • 1. P&L-effective results: We tackle the cost drivers of your value creation. Our projects consistently target measurable effects in the profit and loss account – with cost-cutting measures that deliver fast, concrete and transparent results.
  • 2. holistic view of production, logistics and overheads: We combine technical, organizational and economic cost-cutting potential. This allows us to identify savings along the entire value chain and avoid isolated solutions.
  • 3. fast transparency through proven methodology: With our structured ifp consulting 3-step approach we develop a reliable baseline, concrete packages of measures to reduce costs and a clear roadmap with effects on the P&L within a few weeks – practical and quickly realizable.
  • 4. integrated cost optimization with Siventus: Through our partnership with Siventus, we combine production and logistics expertise with sound HR and organizational competence. The result: real implementation security, sustainable effects and integrated control of headcount and structural costs.

  • 5. implementation support: We not only provide the analysis but also accompany the implementation – from Shopfloor to management, including change management, control and P&L verification.

ifp consulting – 40 years of experience in advising manufacturing companies

Our services in the area of cost reduction

With consulting from ifp consulting, you not only increase the productivity and operational efficiency of your company, but also create a robust foundation to ensure long-term competitiveness, innovative strength and growth: from measures that reduce production costs, optimize logistics and material costs, to the control of structural costs and headcount, to the implementation and anchoring of cost-cutting measures in the company.

Reduce production costs

  • OEE (Overall Equipment Effectiveness) reduction by avoiding downtimes and malfunctions

  • Setup time optimization (SMED) and balancing of lines
  • More efficient material flows and shorter distances
  • Waste-free processes according to lean principles / Kaizen / Six Sigma
  • Implementation of smart automation and digitalization

  • Optimized maintenance concepts

Optimize logistics and material costs

  • Integrated planning processes with the inclusion of AI in demand forecasting
  • Inventory optimization and reduction of unnecessary capital commitment
  • Efficient warehouse processes, picking processes and transport processes incl. smart automation
  • Transparent evaluation of material costs and suppliers
  • Layout optimization and area reduction

Optimize added value and product costs

  • Analysis of manufacturing and variant costs
  • Identification of product mix and complexity drivers
  • Shortening throughput times through end-to-end optimization
  • Strategic make-or-buy decisions
  • Building a resilient supplier base

Controlling structural costs and headcount

  • Analysis of roles, tasks and capacity structures
  • Development of sustainable headcount curves and working time models
  • Automation and digitalization of (repetitive) activities

Increase innovation speed (time to market)

  • Seamless integration of production, development and supply chain
  • Industrialization of new products with stable series processes
  • Optimized start-ups for a faster and cost-optimized market launch

  • Reduction of loops, bottlenecks and release times

Ensure implementation & sustainable anchoring

  • Supporting operational implementation right through to the Shopfloor
  • Establishing clear responsibilities and routines (governance)
  • Consistent involvement of employees at all levels

  • Improve cost center accounting and budget control

  • KPI-based tracking of measures during operation
  • Regular P&L verification to ensure sustainable effects

Increased efficiency – the basis for future growth

Measures to reduce costs

This enables manufacturing companies to reduce their costs quickly and sustainably

At ifp consulting we understand cost reduction measures as a strategic lever to secure the future viability of a manufacturing company. Rising energy prices, volatile raw material costs, a shortage of skilled workers and global supply chain risks are putting margins and productivity under severe pressure. Companies that do not act now and reduce their production costs and optimize costs in related areas will not only lose competitiveness but also financial leeway for innovation and growth.

We develop cost-cutting solutions that are operationally feasible, immediately effective and P&L-relevant.

The structured approach of ifp consulting’s experts in cost reduction measures for manufacturing companies quickly creates transparency about the biggest cost drivers, defines specific packages of measures to reduce costs and accompanies the implementation of cost reduction measures through to long-term and P&L-effective results. In this way, we ensure increased efficiency, time-to-market advantages and a stable basis for future growth.

Why are cost-cutting measures so important right now?

The combination of cost inflation, geopolitical uncertainty and constantly increasing customer demands is forcing manufacturing companies to act quickly. Cost reduction is a strategic necessity that secures liquidity, increases profitability and enables investment in new products, technologies and automation. With advice from the experts at ifp consulting, you not only increase your operational efficiency, but also create a robust foundation that secures competitiveness, innovative strength and growth in the long term.

Holistic approach

Our approach combines cost-cutting measures that reduce production costs with logistics cost reductions and structural cost reductions as well as value creation optimization, faster throughput times and a higher speed of innovation in production. We not only look at individual areas, but also optimize the entire value creation system – from process optimization and material flow optimization, product cost optimization, organization and headcount.

“Sustainable cost reduction only works with measures that actually have an impact on the profit and loss account. The joint development of fields of action for cost reduction measures with the client’s technical experts is based on transparent data according to the ifp consulting performance check in 16 clusters. Fact-based decisions on the selection and prioritization of cost-cutting measures are the basis for the organization’s buy-in and sustainable implementation.”

Dr. Gerhard Nowak, Managing Partner, ifp consulting

Dr. Gerhard Nowak

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The ifpconsulting3-step process for effective cost reduction

Optimize costs sustainably

Effective cost reduction is based on measures that are actually reflected in the income statement. Cost-cutting measures must have an operational impact and ultimately be consistently implemented in wage and structural costs. Only then will operational improvements be reflected in the financial results.

Analysis and quick check
Identification of P&L-relevant potential for cost optimization in production, assembly, logistics and related areas of the company

Measures Definition
Defined packages of measures, including costs and effects, are transferred to the business case and a binding development curve for the cost items is derived from this

Implementation & control
Progress monitoring based on operational and financial KPIs, development of countermeasures in the event of significant deviations from the target or target status

iCOP

integrated Cost Optimization program from ifp consulting & Siventus

Sustainable cost reduction can only be achieved with a view to the entire company.

Reduce production costs and implement cost-cutting measures for adjacent areas of the company. Holistic cost-cutting measures for the entire company. Reduce costs Production costs, logistics costs, material costs, manufacturing costs, structural costs, overheads. Optimize costs

Insights

Playbook P&L relevant efficiency increase

The Playbook offers concrete solutions from our consulting practice, with which your optimization measures can really achieve the desired financial effect.

Reduce production costs. ifp consulting Playbook for P&L relevant efficiency increase. How to reduce production costs quickly and with P&L relevance.

Would you like to find out more?

Would you like to find out more?