Product & Package Benchmark Analysis

 

Questions:

  • Which product is using material in the most optimized way?

  • What are the market cost optimized strategies?

  • Where are the material & cost reduction opportunities?

Approach:

Through the detailed analysis of multiple variables of the product and package of both client and competitors, the Cost Reference Index was generated to help understand the main drivers of the material cost.

Work Done:

  • Detailed technical analysis across 4 countries, +100 SKUs completed rapidly.

  • Product & package evaluations.

  • Material Use and Cost Reference Indexes calculations.

  • Sourcing highlights for each competitor.

  • Shelving strategies.

Results:

✓ +16 Material and Cost Savings Opportunities identified including options with 100% recycled material, elimination of some components, material reductions or optional replacements without compromising technical performance.