A structured programme to convert cost opportunities into initiatives, actions and validated savings across procurement, engineering, operations and finance.
The focus is on delivery: clear owners, milestones and a tracked, validated benefit — so savings show up in the numbers rather than staying on a slide.
The question we answer: How do we reduce it?
Is it right for you?
This service is usually a good fit when:
- Opportunities have been identified but not delivered
- Savings are claimed but hard to see in the results
- Cost reduction needs to work across several functions
- You need governance and tracking around a savings target
What's included
- Opportunity prioritisation
- Supplier pricing and contract opportunities
- Consumption and specification challenge
- Procurement workstreams
- Labour and productivity opportunities
- Cost reduction and avoidance initiatives
- Initiative ownership and milestones
- Savings validation
- Benefits tracking
- Management governance
How it fits the CostVantage approach
Every engagement follows the same structured method — Baseline → Diagnose → Challenge → Quantify → Act → Control — so the work moves from data to decisions and from decisions to measurable results. Read more about the approach.
Frequently asked questions
How much does a Cost Improvement Programme cost?
Typically £20k–£50k+, depending on scope, number of workstreams and duration. Fees are agreed in advance.
How are savings validated?
Each initiative is measured against an agreed baseline, so the benefit can be traced to a change in price, consumption or another driver rather than assumed.
Which areas does the programme cover?
Procurement, engineering, operations and finance — typically supplier pricing and contracts, consumption and specification, and labour and productivity.
Who owns the initiatives?
Your team. Each initiative has a named owner and milestones; CostVantage provides the structure, analysis, challenge and tracking.
What happens when the programme ends?
Baselines and tracking are left in place so savings are sustained. Ongoing support is available through the Cost & FP&A Partner service.
Talk it through first.
A short, confidential, no-obligation conversation is the best way to see whether Cost Improvement Programme is the right starting point for your business.
Improve Your Cost Base →