Product Lifecycle/ Complexity Management

We assist management teams with product strategy, design approach, analytics, and process enhancements to better control/manage complexity throughput product lifecycle – from concept to retirement – and avoid problematic inventory build-up and service decline:

Product Strategy/ Development Roadmap
Complexity Management
Product Portfolio/ Assortment Optimization
Standardized/ Modular Product Design
Product Introduction & Retirement Process

Results

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CONSUMER
Complexity Reduction at Global Cosmetic Products Company

Identified the sources and cost impacts of product complexity and quantified $38-40MM in savings opportunity from complexity reduction; initiatives included product simplification and harmonization (including packaging simplification), and optimization of the product launch process via cross-functional communications and use of standardized packaging

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INDUSTRIALS
Operations Improvements At Climate Control Products Manufacturer

Established an end-vision to transform manufacturing, supply chain, and engineering operations and generate both real bottom line benefits – 600bp EBITDA improvement, 20-30% reduction in inventory, and 30% reduction in the plant footprint – and capability enhancements that will allow the client to capture market opportunities & drive future growth

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DISTRIBUTION & RETAIL
Assortment Optimization at Large Catalog Company

Captured $7MM in cost savings from eliminating poor-performing items and reducing cannibalization and determining most efficient catalog and web placement; reclassified 45,000 SKUs into 500 classes to align with how merchandisers thought about products and developed tools to review performance over time, by price point, by occasion, by performance, etc.

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INDUSTRIALS
Complexity Management at Full-line Industrial Goods Manufacturer

Achieved 28% improvement in on-time delivery and 25% reduction in inventory through differentiated operations and service strategy for the SKU segments; segmented SKUs based on qualitative factors (e.g., customer contracts, marketing strategy, and sourcing considerations) and a statistical score incorporating sales, margin, demand variability/frequency, etc.

Related Capabilities

 

Operations Strategy/ Roadmap

 

Cost Assessment/ Reduction

 

Supply Chain Optimization

 

Manufacturing Operations Improvements

 

Service Operations Improvements

 

Sales & Marketing Effectiveness

 

Pragmatic Growth Strategy

 

Exit Preparation/ Positioning

Industry Expertise

 
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Consumer
 
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Food & Beverage
 
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Healthcare
 
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Industrials
 
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Infrastructure
 
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Services

Want to learn more about how Gotham can help you with value creation?