Bain used external and internal benchmarks to identify key performance gaps.
To compensate for the industry's inherent weaknesses, Bain recommended aggressively reducing costs and improving processes.
With Bain's support, FoodCo implemented the recommended initiatives, generating 15% cost savings and increased flexibility. The company also worked with Bain to put knowledge transfer programs in place so that the improvements would spread to additional plants in the system.
* We take our clients' confidentiality seriously. While we've changed their names, the results are real.