Use Case | Energy Provider Verified $20M in Savings
How a Fortune 500 energy provider went from M&A-driven data chaos to inventory clarity, resulting in $20M verified savings and $40M total savings opportunities
- Challenge: M&A left multiple unaligned systems, limited visibility
- Solution: Unified inventory view bypassing lengthy harmonization
- Outcome: $40M in opportunities; $20M verified savings; 50% working capital reduction
$40M
Identified savings opportunities in <45 days
50%
Working capital reduction in < 1 year
$20M
Verified savings opportunities in <90 days
100%
Capability to audit all material inventories
Our Client
Fortune 500 energy company that provides gas and electric services to residential and commercial properties
Key Business Needs
- Experienced significant growth through M&A activity, resulting in a lack of visibility into materials inventory.
- Unable to optimize inventory and eliminate excess working capital, they needed a solution that combines data and inventory optimization into a single platform.
Business Challenge
- Consolidate business unit data
- Ability to audit part inventory reviews
- Harmonize & structure data
- Analyze historical data
- Enable actionable insights
.
Solution
Bypassing a lengthy and costly data harmonization project, Verusen quickly provided a single view of inventory across all business units.
This unified view helped the organization to better achieve and optimize the economies of scale desired from their M&A growth strategy, identifying over $40M in savings opportunity.
This unified view helped the organization to better achieve and optimize the economies of scale desired from their M&A growth strategy, identifying over $40M in savings opportunity.