Cost Optimization

Cost optimisation is in focus of almost every for-profit, non-for-profit and state organization. Cost optimization requires complex approach and implementation of complex in nature interventions. In our reality optimized costs are very often mixed with cost cutting. Many companies face situation when cost cuttings result in decrease of performance efficiency, low motivation of employees, low level of customer satisfaction and a number of other critical effects.

Cost optimization encompasses activities aimed at finding ways to spend fewer funds and receive acceptable by quality result. A simple example of such activity is decision on outsourcing of some operations, such as accountancy, logistics, etc.

More complicated approaches include business process reengineering aimed at raising effectiveness of company operations, elimination of duplicated functions and staff optimization. Activities aimed at cost optimization are pure change management activities which is rather ‘painful’ for client organization.

Avenue Consulting Group has developed approaches during implementation of such assignments, which ensures success:

– Intensive communications with high level managers and business owners to reserve their full support,
– Introduction of effective and transparent financial planning and reporting system,
– Continuous work with staff members of the company to ensure their full understanding and support,
– Thorough analysis of financial documentation,
– Business process reengineering, institutional and human resource development.

Avenue Consulting Group provides high quality cost optimization services encompassing complex activities to reach the highest possible effect. Our experienced consultants join skills and knowledge that enables us to provide cost optimization services which includes financial optimization cost, operation optimization of costs, organizational optimization of costs, introduction of new technologies and much more.

Tigran Grigoryan

Managing Partner, Head of Operational Management Advisory Services

E-mail: t.grigoryan@avenueconsulting.am

Phone: 00374 91 49 32 30

Every organization passes process of institutional evolution. Tigran’s role is helping organizations to control the evolution process and support organizations in establishment of responsive systems to overcome external and internal challenges. He is one of few professional operational management consultants with hands-on experience in business process re-engineering and business process automation, design and development of management systems and corporate governance systems, HR motivation systems, start-up establishment  etc. Moreover, he is one of most experienced project managers; during his more than 18 years career he designed and managed large number of technical assistance and development projects funded by various international development institutions.

Tigran is responsible for overall management of Avenue Consulting Group.

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Address:
20/3 Yeznik Koghbatsi str
0010 Yerevan
Armenia
Phone: +374 10 53 05 00
+374 60 48 83 80
Working hours:
Monday-Friday: 9:00 – 18:00
Saturday: Closed
Sunday: Closed