Advanced analytics module to develop a simulation model that represents current operational processes and cost drivers. This model should capture the interdependencies between various variables and simulate the impact of different optimization strategies on costs.
Create different scenarios that represent potential operational optimization strategies. These simulations will calculate all potential cost saving opportunities such as optimal consolidation, Operational inefficiencies or any other initiatives aimed at improving efficiency and reducing costs.
Analyze the simulation results to identify the specific operational optimization strategies that lead to significant cost reductions. Look into patterns, trends, and areas where cost savings are most prominent. This analysis will help to pinpoint the most effective strategies to pursue
