EFESO Management Consultants launches CapEx Optimization offering
EFESO Management Consultants has launched a new offering that helps companies reduce and optimize their capital expenditures for major projects and investments.
In a statement announcing the new ‘CapEx Optimization’ offering, leaders from the international consulting group highlighted how inefficient management of capital expenditures can come with a huge price tag for companies. Conversely, adopting best practices in the field can lead to “significant improvements and savings.”
Illustrating this, EFESO Management Consultants said that by 2027, over $130 trillion worldwide is expected to be invested in capital projects. However, over half of such projects tend to face cost overruns and delays in delivery.
“With businesses facing unprecedented challenges, and a costly capital environment, the need for more effective CapEx optimization has never been greater,” said Holger Peterkord, Senior Principal and a CapEx expert. “For many companies in various industries, CapEx holds the key to future success.”
This is particularly true for industries with high expenditures on capital assets, such as energy, defence, utilities, manufacturing, construction, automotive, and more. But with tech disruption and industry transformation taking hold of companies of all sorts, the importance of capital expenditures is also increasingly on the agenda of non-asset heavy companies.
“Long-term investments are urgently needed today to meet rapidly growing demand, manage transformation processes, and secure a strong position in new markets. CapEx optimization is therefore no longer a choice, but a strategic imperative for most companies,” said Luca Lecchi, co-CEO at EFESO Management Consultants.
The offering
To help its clients master their capital expenditures, EFESO Management Consultants has brought together its multidisciplinary capabilities and track record in the space (the firm has reportedly delivered over CapEx 1,000 projects) to develop an end-to-end offering that “ensures CapEx projects are cost-effective, reliable, predictable, and efficient.”
“Our CapEx optimization solution covers the entire lifecycle of capital expenditure management – from strategy and operating model design to project execution. The solution is tailored to meet the unique needs of each client, ensuring delivering the most efficient and effective CapEx management while allowing businesses to focus on their core operations,” Peterkord said.
The new offering has been rolled out across the group’s offices in 30+ countries worldwide.