CASE STUDY

40% Cost Reduction and 2x Production Capacity for VC Backed Company

Challenge

Growth equity-backed digital production company that creates highly complex Virtual Reality surgical training platforms for the medical industry was experiencing negative unit economics

The company needed help to quickly cut costs and demonstrate a path to growth and profitability without impacting ability to deliver strong customer experience

Approach

  • Applied advanced analytic techniques identify previously unknown operational performance issues and provide new CEO with unique understanding of complexities and challenges
  • Assessed technology systems to simplify production capabilities and lower systems costs
  • Defined organizational, data, and technology requirements needed to implement future state processes
  • Initiated implementation to rapidly begin adoption of “North Star” process

Results

44%

Lean product development processes enabled 44% headcount reduction

200%

Improved capacity by 200% with greater flexibility to meet client needs and new market opportunities

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