Optimizing Total Cost of Ownership in Product Design & Manufacturing
Founded in 2006 by a partnership of consulting industry veterans, Regenius specializes in helping companies regain or improve their profitability through purchasing and product-cost optimization. Our proprietary tools and methodologies far exceed the performance of the obsolete “cost killing” model, yielding greater long-term success.
Rather than trying to drive vendor prices down in the face of rising raw material costs, we help clients optimize product design specifications through design-to-cost, restructure vendor relationships, find reliable, lower cost suppliers, and optimize joint processes with key vendors.
The result: a lower total cost of ownership (TCO) throughout the entire product development and production process.
Our approach and methodology take the opposite approach of traditional cost-killers, which are centered around hard commercial negotiations with key vendors. That model is not only obsolete due to the surge in raw materials and components, it ultimately deteriorates the relations between vendors and clients.
Our approach also goes beyond Collaborative Cost Reduction, or product rationalization methods, by deploying advanced cost optimization levers, and by drawing upon our proprietary database of technical creative ideas. Essentially, we apply the Toyota system to purchasing and key vendor relations. Well known in manufacturing, this system redefines who the strategic vendors of a company are, and restructures relations with them.
The result is a groundbreaking method of cost optimization that allows our clients realize significant savings that aren’t accessible by other methods.
Our people: the heart of our innovation.
From our deeply experienced senior management team and our staff of 80 veteran consultants to our network of dedicated partner specialists, Regenius is totally focused on helping our clients improve their company’s financial strength. The key to our approach: close client relationships that foster mutual trust, and reengineering and optimization of the product design process.
We view each of the clients we serve as long-term partners. Our people often remain on-site for extended periods, learning our clients’ companies from the inside. We work side-by-side with both employees and your vendors. This helps us to uncover hidden opportunities for cost optimization, and greatly aids our ability to implement long-range solutions that hold the greatest potential for savings.
A global perspective on today’s business challenges.
In addition to our US offices in New York and Chicago, and as well as Paris and Lyons, France, we have a strong presence in 13 emerging countries worldwide. That allows Regenius to offer a unique combination of global reach and specialization in design-to-cost and purchasing optimization.
We have a deep understanding of the many issues facing businesses today: financial instability, profit pressures, cost fluctuations, and difficult vendor relationships.
Working with numerous Fortune 500 companies around the world, our team members have implemented cost reduction programs that have set worldwide standards for cost optimization. In particular, we have achieved remarkable success working with best-in-class automotive companies, both in the U.S. and Europe.
In short, we know the cost-reduction challenges you face, and we have the tools, the knowledge, and the global resources to help you restore or improve profitability.