Did you know?

A Sept. 2013 Deloittes  study of US companies has found that 48% did NOT meet their cost reduction targets using tactical cost reduction approaches, this was up from 14% in 2009, tactical initiatives to blame ?- talk to us about our Strategic Cost Management approach ..link

Talk to us about how we can improve value in your business or improve value management techniques and analytics

Want to know more....? 
Please feel free to call us at 61-3-98422434 or
e-mail to:
raysans@resfin.com.au

• Try before you commit to unproven change
• Test more savings hypotheses with science not opinion
• Further deep dives into processes or process streams to test savings hypothesis in detail
• Test and finalise hypothesis around existing and future state process design, compare within the same simulation
• Provide customer experience impacts, see queues build and waiting times
• can be used to build Choice models for product feature set uptake
• Model Risk, constraints, leakage and resource impacts ie utilisation and elapsed times
• Visual animation shows not tells management how to operate
• Visualisation through animation of the activity allows better buy-in and what-if analysis to test all options and find the optimal
• Provide activity costs and cost optimisation as well as visualisation and animation
• Test non linear process behaviors that are not possible easily within Excel
• have inbuilt distribution algorithms or import current stats
• Can be programmed with VBA like simple scripting to provide time series resource usage and utilisation optimisation.

Currently we use Simul8 software based in the UK. We have also had  experience with ProModel/Service model software based in Utah USA. Other tools  (supplied by Booze Allen is "Raptor" which we have seen used in assessing risks  for various critical failure points in the petrochemical industry but is  typically used in aerospace.

We have used simulation software to:

• Evaluate telephone and Internet banking channel processes before launching in a big 4 Australian bank.
• Document existing processes (flowcharts are redundant)
• Assess the risks in process and effectiveness of securitisation strategies in an big 4 Australian bank
• Testing manufacturing plant layout
• Test the saw sharpening processes of a saw sharpening business and test outsourcing strategies and savings for their clients.

For more details about tis type of software click the following links

Process Simulation with :

www.simul8.com
http://www.promodel.com/
http://www.boozallen.com/consulting/products/software/raptor