{"id":24031,"date":"2024-09-11T17:52:12","date_gmt":"2024-09-11T17:52:12","guid":{"rendered":"https:\/\/advance.fredericoavo.com\/?p=24031"},"modified":"2024-12-24T15:20:18","modified_gmt":"2024-12-24T15:20:18","slug":"consumer-packaged-goods-portfolio-revolution","status":"publish","type":"post","link":"https:\/\/advanceworks.ai\/nl\/consumer-packaged-goods-portfolio-revolution\/","title":{"rendered":"Consumer-packaged goods\u2019 portfolio revolution"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"24031\" class=\"elementor elementor-24031\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-48b1fdd e-con-full e-flex e-con e-parent\" data-id=\"48b1fdd\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-74cf013 e-con-full e-flex e-con e-parent\" data-id=\"74cf013\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-a0757e5 e-con-full e-flex e-con e-child\" data-id=\"a0757e5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-edcf267 elementor-widget elementor-widget-heading\" data-id=\"edcf267\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Use Cases<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b66203f elementor-widget-mobile__width-inherit elementor-widget__width-initial dot-headings-all elementor-widget elementor-widget-einar_core_custom_font\" data-id=\"b66203f\" data-element_type=\"widget\" data-widget_type=\"einar_core_custom_font.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"qodef-custom-font-holder\">\n<h3 class=\"qodef-shortcode qodef-m  qodef-custom-font qodef-custom-font-717 qodef-layout--simple    qodef-title-break--disabled  qodef-decoration--circle \" style=\"color: #000000;font-size: 3vw\">\n\t\t\t\t\t\tConsumer-packaged goods\u2019 portfolio revolution\t\t\n\t\t<span class=\"qodef-e-decoration\" style=\"color: #000000\"><svg class=\"qodef-svg--decoration-circle-big\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"45\" height=\"45\" viewBox=\"0 0 45 45\" fill=\"currentColor\"><path d=\"M22.5,45a21.9294,21.9294,0,0,1-8.7246-1.7471A22.8417,22.8417,0,0,1,1.7366,31.2358,21.5312,21.5312,0,0,1,0,22.5a22.0429,22.0429,0,0,1,1.7788-8.7358A22.952,22.952,0,0,1,6.6267,6.5947a22.5781,22.5781,0,0,1,7.1587-4.8472A21.858,21.858,0,0,1,22.5,0a21.9789,21.9789,0,0,1,8.7461,1.7476,22.4274,22.4274,0,0,1,7.16,4.8472,22.9154,22.9154,0,0,1,4.8262,7.1694A22.1723,22.1723,0,0,1,45,22.5a21.671,21.671,0,0,1-1.7246,8.7358,22.8132,22.8132,0,0,1-4.8379,7.17,22.5118,22.5118,0,0,1-7.18,4.8472A22.07,22.07,0,0,1,22.5,45Z\"\/><\/svg><\/span>\t<\/h3>\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ea836c elementor-widget elementor-widget-text-editor\" data-id=\"5ea836c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Industry: <strong>Consumer goods<\/strong>| Service: <strong>Project and Program Management<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2d422e2 e-con-full e-flex e-con e-parent\" data-id=\"2d422e2\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-3ebc07a e-con-full e-flex e-con e-child\" data-id=\"3ebc07a\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0d31b63 elementor-widget elementor-widget-image\" data-id=\"0d31b63\" data-element_type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;widescreen&quot;,&quot;desktop&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1080\" height=\"1920\" src=\"https:\/\/advanceworks.ai\/wp-content\/uploads\/2024\/09\/Consumer-packaged-goods-portfolio-revolution.jpg\" class=\"attachment-full size-full wp-image-24025\" alt=\"\" srcset=\"https:\/\/advanceworks.ai\/wp-content\/uploads\/2024\/09\/Consumer-packaged-goods-portfolio-revolution.jpg 1080w, https:\/\/advanceworks.ai\/wp-content\/uploads\/2024\/09\/Consumer-packaged-goods-portfolio-revolution-169x300.jpg 169w, https:\/\/advanceworks.ai\/wp-content\/uploads\/2024\/09\/Consumer-packaged-goods-portfolio-revolution-576x1024.jpg 576w, https:\/\/advanceworks.ai\/wp-content\/uploads\/2024\/09\/Consumer-packaged-goods-portfolio-revolution-768x1365.jpg 768w, https:\/\/advanceworks.ai\/wp-content\/uploads\/2024\/09\/Consumer-packaged-goods-portfolio-revolution-864x1536.jpg 864w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-14ca7e4 e-con-full e-flex e-con e-child\" data-id=\"14ca7e4\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-edc4a9e elementor-widget elementor-widget-heading\" data-id=\"edc4a9e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">An Asian multinacional requested for a revolution in its portfolio management, driving cost reductions and informed decision-making across global projects.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-090043e elementor-widget elementor-widget-text-editor\" data-id=\"090043e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In this strategic initiative, AdvanceWorks collaborates with a renowned Japanese multinational leader in consumer-packaged goods to streamline portfolio, program and project management. The first objective is aimed at prioritizing budget allocation and resource management to reduce costs associated with a pool of 500 ongoing projects across the different geographic zones.<br \/>Beyond cost reduction goals, this collaboration identifies and anticipates transformative impacts. Efficient portfolio management promises the optimization of operations, minimizing redundancies and elevating overall organizational efficiency.<br \/>Furthermore, efficient portfolio management positions companies for informed decision-making, using comprehensive reporting and standardized governance.<br \/>Standardized global practices are a key point for multinational corporations, ensuring operational consistency and cultivating a continuous improvement culture heralding a sustained success in a dynamic business landscape.<\/p><p><strong>Team Collaboration<\/strong><\/p><p>The collaborative effort directly impacts the client&#8217;s management team at the global level. AdvanceWorks plays a pivotal role in supporting decision-making by creating financial tools and facilitating a standardized reporting structure. This ensures that the management team receives consistent and comprehensive information from diverse projects conducted in various regions around the world.<\/p><p><strong>Goals Achieved<\/strong><\/p><p><strong>The main goals for this project were:<\/strong><\/p><ul><li>Achieve a targeted cost reduction over $100 million within the next years across the pool of ongoing projects.<\/li><li>Develop and facilitate tools and assets that enhance reporting capabilities and support portfolio governance for efficient decision-making.<\/li><li>Provide robust support to both Business and IT teams in effective project management, ensuring alignment with organizational objectives.<\/li><li>Enable the management team to make informed decisions by delivering comprehensive insights and strategic analysis.<\/li><li>Implement a standardized reporting framework across different regions and countries, ensuring uniformity in reporting structures and facilitating data-driven decision-making.<\/li><li>Contribute to effective project and portfolio management, promoting optimal resource allocation and utilization.<\/li><\/ul><p><strong>Result<\/strong><strong>s<\/strong><\/p><p>The collaborative work between AdvanceWorks and the client is expected to yield significant benefits. The observed results include improved decision-making, streamlined reporting processes, enhanced resource management and a standardized global approach to project governance.<\/p><p><strong>Next Steps<\/strong><\/p><p>In this partnership, we commit to continuous improvement and refining tools, based on\u00a0 \u00a0feedback from top management and business needs. Regular reviews and assessments measure effectiveness, guiding enhancements and aligning operational excellence and informed decision-making to portfolio and program management.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b10a6f2 e-con-full e-flex e-con e-parent\" data-id=\"b10a6f2\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a15958f elementor-widget elementor-widget-shortcode\" data-id=\"a15958f\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>An Asian multinacional requested for a revolution in its portfolio management, driving cost reductions and informed decision-making across global projects.<\/p>","protected":false},"author":2,"featured_media":24025,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[139],"industryc":[],"class_list":["post-24031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-use-cases","tag-consumer-goods"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - 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