Product complexity reduction delivers savings
This global pharmaceutical and medication delivery company asked us to help reduce complexity and increase shareholder returns. Bain reduced the number of products by about 45 percent and implemented organizational improvements that delivered about 15 percent annual savings on operating income.
- Global specialty pharmaceutical and medication delivery company with large US based footprint
- Specialty injectable pharmaceuticals and medication management systems are primary growth drivers
- Client is currently 3rd quartile share price performer
- Management has top quartile total shareholder returns aspirations, and engaged Bain to do performance improvement and transformation effort
View Approach
Adhere to five principles to prevent complexity from re-entering the system:
View Results
Margin improvement by reducing number of products:
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