CHEMICAL MANUFACTURER EVALUATES SHARED SERVICES LOCATIONS
Project Role: Project Director
Client challenge
U.S. based chemical manufacturer wanted to move to a Shared Services model for the Finance function.
As a result of different acquisitions, the company had to rationalize FTEs and costs.
Client asked to produce three different operating models: minimal outsourcing, average outsourcing, and high-level outsourcing.
Solution
Evaluated existing locations and potential future locations for a combination of factors, including labor availability, infrastructure suitability, government incentives, and current and anticipated labor costs.
Developed three models to give a range of options for moving to a Shared Services organization.
Impact on client's business
Provided options for moving to a Shared Services model depending on the level of risk the Client was willing to assume.