Cost reduction is a key strategy to improve the profitability and competitiveness of any company. At Traxxia, a firm with robust data and artificial intelligence fundamentals, our cost reduction practice focuses on analyzing and optimizing the resources and processes involved in the production and delivery of products or services to make a more efficient and rational use of them. It is important to note that cost reduction does not necessarily imply cutting personnel or salaries, but rather finding new sourcing, design, production and distribution alternatives that save money without affecting the quality or added value of the product or service.

In our cost reduction practice, we offer a variety of solutions, including:

• Value engineering
• Supplier consolidation
• Sourcing from low-cost countries
• Consolidation of components
• Personnel optimization
• Benchmarking

In summary, at Traxxia, our cost reduction practice is a strategy that requires analysis to identify opportunities, continuous follow-up, as well as the participation and involvement of the entire work team. We believe that cost reduction should not compromise quality, safety, customer satisfaction or loyalty; on the contrary, it should contribute to improving these aspects and differentiate the business from competition.