Efficiency improvement and cost reduction by setting up a shared service center within mechanical engineering

Initial situation

  • An internationally operating Swiss engineering company needed support in setting up a Shared Service Center (SSC) to consolidate financial processes that had previously been managed locally across the globe
  • Although the company remained in a solid financial position despite the pandemic, it faced increasing cost pressure from competitors in the Far East
  • Several previous attempts to set up the SSC had failed
  • The goal was to standardize and consolidate local financial processes across Europe while simultaneously setting up the SSC from scratch at a new location

Achievements

0
Sites analyzed and their financial processes transferred
9,9 Mio. €
Cost savings realized within three years
0
FTEs transferred from the national entities

Our approach

  • Develop a prioritized roadmap for process mapping at the subsidiaries and validate the business case
  • Set up SSC business unit in Poland, define job descriptions, and successively recruit and onboard management and staff
  • Conduct process mapping, optimization, and standardization activities
  • Define outplacement strategy and transfer processes per location
  • Ensure close, trust-based collaboration with national entities through proactive communication and a structured change management approach
  • Guarantee stable and efficient processes at all sites from day one