Success story | Improved P&L management with data analytics for a helicopter manufacturer
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Olivier Paget
Partner / France
Paris
Improved P&L management with data analytics for a helicopter manufacturer
CHALLENGES
With purchasing accounting for ~70% of recurring costs base, important efforts were requested from Programs to boost their competitiveness and secure their P&L. With more and more data to be analyzed and limited resources, our client needed support to develop automatized financial analyses to focus on key business drivers and improve P&L.
SOLUTIONS
To focus on priorities and improve its business impact:
We developed an analytic tool based on the client’s database and shared assumptions, enabling the identification of key business
opportunities
We trained the client’s teams to leverage analyses available in the dashboard
We defined a “standard action catalog” to support deep-dive and root causes identification
KEY DELIVERABLES
Validated business assumptions: Shared controlling business rules to ensure data quality and alignment of stakeholders
Integrated controlling analytic tool: Analytics to enable new analysis/service and improve the efficiency of controllers
Operational buy costs synthesis: Top costs deviations, opportunities areas, identified risks & Opportunities with related impact on P&L
CUSTOMER BENEFITS
-70% of workload related to operational data management
1 shared truth for baseline and hypotheses
100% capability to focus resources on topics with a major P&L impact