Case Study

Operationalizing a Project Management Office for a $2B Specialty Retailer

"SLKone helped organizations realize the benefits of an intended project, program, or portfolio of projects. We maximized their return on project investment by effectively utilizing their resources."

Situation

  • The client was a $2B specialty retailer undergoing a multi-tier transformation effort for a consumer product goods (CPG)
  • Tight liquidity situation with minimal capacity for team members to allocate to different projects
  • Previously made numerous acquisitions with disjointed business operations
  • Private equity held organization 3 years into the investment
  • Our Risk: Failure to deliver would cause a financial crisis and breakdown. The client team lacked the skills to execute

Bespoke Solutions

  • Identified and executed on short and long term liquidity solutions
  • Formalized a project management office
  • Coordinated the activities of ventures and 30+ contributors into the work stream
  • Developed a long term operational plan for the organization to continue operations

Leading With Results

  • >5% improvement, or $200M increase, in free cash flow through our orchestrated process
  • Realigned organizational resources to drive successful initiatives
  • Project Management Office was newly created and fostered collaboration and innovation
  • Active restructuring successfully navigated and deployed short and long term improvements across the organization
  • 15% accelerated inventory turnover with planned targeted discount program
  • $500 million dollars in tracked holiday revenue increases
Case studies and expertise may represent projects and engagements performed by SLKone team members prior to their employment at SLKone