Case Study
Operational baselining and cost standards development for a specialty chemicals firm
Client situation
A leading U.S. specialty chemicals firm identified major potentials for operational cost savings across all of its business lines and desired to understand its own baseline performance compared to the industry standards
Project approach
SDI developed a detailed framework for activity-based apples-to-apples comparisons of client’s cost structure to established industry standards and identified significant cost saving potentials for each activity group
Outcome
By using SDI’s tried and tested Baselining and Cost Standards approach the client was able to identify major cost saving opportunities with clear and focused implication plans on adjusting spend across the entire organization