Business Challenge
The business challenge for the client involved building a new reaction technology while addressing significant cost concerns.
Approach
- Conducted in-depth analysis of technical and commercial cost drivers
- Estimated manufacturing, assembly, installation, and commissioning costs
- Held intense workshops with suppliers and engineering teams
- Facilitated a seamless collaboration among the involved parties: purchasing, process engineering, cost engineering
Results
An impressive 18% reduction in CAPEX for the project.