Cost Reduction
Achieve Sustainable Cost Reduction
While most companies continue to advance growth initiatives around customer focus and innovation, enterprise cost optimization remains among the top three strategic priorities along with cash flow management initiatives. In our 2023 Key Issues Study, 69% of companies reported a major cost reduction initiative – up from 65% in 2022.
How do the best do it?
Most companies approach cost reduction through staff reductions and discretionary spending freezes. Eventually, market pressures make these reductions hard to sustain. Our research has found that the strongest driver of sustainable cost optimization is a strategically designed service delivery model – one that purposefully and intelligently defines how certain work gets done, where, and by whom.
Are you taking the tight route to sustainable cost optimization?
With deep, practical experience in reducing costs in many environments, we can provide advice and solutions grounded in empirical data and proven practices:
Analyze
Comprehensive cost and cash-flow analysis.
Compare
Business benchmarking that illustrates how top-performing companies structure and deliver key functions.
Strategize
Service delivery strategies designed around the realities of your business.
Plan
Road maps for reducing and optimizing costs.
Hackett 1000
2024 North American SG&A Cost Study and Scorecard
Compare your organization’s SG&A cost management performance to the best North American organizations as detailed by the 2024 North American SG&A Study and Scorecard.
Hackett 1000
2024 European SG&A Cost Study and Scorecard
Compare your organization’s SG&A cost management performance to the best European organizations as detailed by the 2024 European SG&A Study and Scorecard.