The team used Wave as a centralized tracking system. They began with 700 initiatives and quickly expanded to more than 1,200 based on ideas and cost-saving proposals gathered from across the organization, all within a timeframe of just 12 months.
Wave helped in the following ways:
Since implementing Wave, $150 million have been saved through initiatives managed within the platform, and a culture of continuous improvement is being promoted by collecting new ideas from over 100 users, which, if approved, are then automatically incorporated into the transformation program.
Additionally, reports from Wave on the program have reduced time spent by PMO team members from an average of 1.5 days a week consolidating data from various spreadsheets and multiple sources to 6 minutes a week.
The company is currently rolling out Wave in additional savings programs, such as product margin improvement, pricing, and logistics.