Reduction in headcount initially projected for the involved areas.
Reduction in FTEs dedicated to manual report preparation.
A leader in consumer products in Latin America partnered with Sintec Consulting to optimize its financial decision-making processes after integration. By implementing a new strategy for order release and purchase category standardization, the company gained greater control, reduced manual reporting, and streamlined operations. Additionally, they achieved a significant reduction in headcount initially projected for the involved areas and cut the number of FTEs dedicated to manual report preparation
“The company struggled to optimize procurement and financial planning processes, limiting efficiency and decision-making speed”.
Following an integration, the company faced the critical challenge of optimizing its procurement area to improve the release of orders and re-categorization processes. Additionally, they needed to rethink the financial planning management model to accelerate decision-making. The goal was to separate staff and operational functions, achieving better control while reducing FTEs. This situation hindered efficiency and made it difficult to maintain streamlined financial operations.
The company partnered with Sintec Consulting to address inefficiencies in procurement and financial decision-making post-integration. Through a comprehensive strategy, they optimized purchasing processes, improved decision-making speed, and enhanced overall control across departments.
The project led to significant improvements, notably a 22% reduction in headcount initially planned for the involved areas. Additionally, a 36% reduction in FTEs dedicated to manual report preparation was achieved. These outcomes reflect enhanced operational efficiency, streamlined decision-making, and better control, resulting in a more agile and cost-effective procurement process. The company was able to reduce operational complexities while optimizing procurement performance, contributing to sustained business success.
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