Kundenbeispiel
A $1.5 billion travel and leisure company needed to reduce costs to remain profitable and competitive in a scale-driven industry that was showing early signs of price pressure. Bain analyzed cost reduction opportunities and identified four key opportunities for improving profitability, resulting in a three-point margin improvement over two years.
TravelCo*, a $1.5 billion travel and leisure company, operates in a scale-driven industry that was showing early signs of price pressure.
A detailed analysis of the company's operation revealed several areas for improvement. Bain used fact-based methodologies to uncover opportunities for cost reduction:
Bain's analysis identified four key areas that would create improved profitability. They included cost reduction measures, business process improvement, globalization and new revenue opportunities.
TravelCo has experienced a three-point margin improvement over two years. The Bain approach empowered the client team.
* We take our clients' confidentiality seriously. While we've changed their names, the results are real.
