FINANCE & OPERATIONS

Operational Efficiency & Cost Reduction

Do more, spend less, lose nothing

Trenegy works with organizations to identify and implement strategies that improve revenue while strengthening daily operations. As organizations grow, they often lose some speed and flexibility that once gave them an edge, while competitive pressures rise.

We help address this by challenging existing cost structures, identifying opportunities for efficiency, and implementing practical changes that reduce costs without sacrificing service or quality.

CLIENT SUCCESS

Cost Reduction in the Offshore Drilling Industry

Situation
A global offshore drilling company faced pressure to restore profitability to the organization following multiple acquisitions over the years. Their administrative and operating cost benchmarks exceeded most of their competitors and the lack of efficiency was becoming evident to their customers. The company did not take the time to streamline processes or rationalize certain operations following the acquisition growth.

Our Response
Trenegy analyzed and benchmarked the company’s key work processes and helped develop a set of organizational alternatives to reduce costs and improve customer-facing processes. We worked with key leadership to select the optimal organization strategy, develop a roadmap to simplify the management structure, and streamline major processes.

Results

  • $300M saved annually
  • Reduced operating cycle times
  • Improved customer service ratings

CLIENT SUCCESS

Operational Efficiency in Energy Services

Situation
A global leader in natural gas equipment and services faced new regulations that required new operational and financial processes. This challenge combined with eroding margins caused the company to rethink their entire organization strategy. They needed to restructure siloed operations support functions and processes across the business to meet regulatory requirements without adding organizational costs.

Our Response
Trenegy was brought in to assess the organization structure and reengineer processes to ensure a consistent and unified approach while adhering to the new industry regulations. We helped design a future state support organization (operations support, billing, supply chain, finance), develop a roadmap to streamline processes, and implement the tools and reporting to support the future state.

Results

  • 50% reduction in product line support
  • Significantly improved efficiency
  • Immediate cost savings

Operational & Cost Efficiency Insights

SEE MORE
Get in Touch
Reach our team at info@trenegy.com.