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."

Industry
Services Performed

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