A healthcare services company achieved a 14% reduction in its expenses and implemented a Zero-Based Budgeting (ZBB) process
Background and identified issues
A Chilean healthcare company needed to estimate its maximum efficiency potential and chart the roadmap to capture it
In addition to implementing a zero-based budgeting program to seek to maintain and consolidate the cost efficiencies generated
Main actions
Identification of approximately ~40 efficiency initiatives, which were validated and assessed in collaboration with the company's executive team
Development of detailed business cases and implementation roadmaps to ensure the successful execution of the initiatives
Design and implementation of a Zero-Based Budgeting (ZBB) process within the company
Impact of the project
Achievement of 14% in savings at the total company SG&A level, resulting in a consequent increase of 4.5 pp in EBITDA
Adjustment to the budgeting process through the implementation of a zero-based methodology