Client Impacts

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

Capabilities
Private Equity & Financial Sponsors Healthcare

Challenge

A 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

I.

Lean product development processes enabled 44% headcount reduction

II.

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

III.

Reduced the number of Technology Systems and licenses, and significantly reduced production costs

Share

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