Portfolio Cost Reduction Project
Learn how OGG helped a major global private equity firm with over 50 billion in assets under management design and implement a new portfolio cost reduction strategy and lead a program management team of global logistics and transportation finance operations professionals.
Project Charter
I. Development of a complete end-to-end logistics expense analysis program that provides industry expertise in logistics auditing and reporting, and exception management services.
II. Implement carrier performance monitoring activities for financial account reconciliation and facilitate to expedite the financial recovery of guaranteed service refunds.
III. Execute a master adjustment & claims management plan that achieves our value-driven goal of facilitating continuous cost reduction initiative.
IV. Integration of data analytics solutions that empower supply chain professionals to manage their transportation and logistics challenges with real-time data that enables informed and effective decision-making, minimizing revenue loss and maximizing total network supply chain efficiency.
Project Achievements
The project achievements included the delivery of optimized process supply chain logistics improvements and expert financial data analyses that drive supply chain optimization with results supported by accurate operational and spend data collected from the private equity portfolio spend data management team of finance professionals. Here are a few project summary highlights:
• Back-Data Analysis and Database Shipping Profile
• Global Carrier Contract Negotiation
• Logistics and Transportation Analysis and Recommendations
• Global Business Intelligence Dashboard Visibility
• Total Cost Reduction of 55% of Logistics Expenditures
