Management consulting

Hire a cost reduction consultant in Greece and Cyprus

A leaner cost base for a company that is not in trouble: the margin program that reaches the real spend without starving the parts of the business that earn it.

Schedule a call How our vetting works

The company is healthy, but its margins are not what they were. A cost reduction consultant finds the spend that can go, protects what earns and tracks the savings into the accounts. The usual triggers in Greece and Cyprus:

Energy, wages and logistics have all moved, and prices have not
A fund now owns the company, with a value creation plan to meet
A sale is coming and a buyer will read the cost base
A merger left duplicate costs: offices, systems and suppliers

The cost reduction consultants on Hellenic Talent are elite professionals from the performance improvement practices of top consultancies and Big 4 firms, and former CFOs and COOs who ran cost programs themselves. They know where cost hides here: old supplier terms, energy contracts never retendered and overheads that grew with the family.

What does a cost reduction consultant actually do?

Build a cost baseline the whole management team accepts before any target is set
Separate addressable spend from the costs the business cannot or should not touch
Review overheads and contracts from zero, not from last year's figures
Retender energy, logistics and IT, setting up the process where procurement is missing
Track savings into the accounts, with owners, dates and a tracker the board sees
Protect the revenue engine, and object when a cut would cost more than it saves

How to choose the right cost reduction consultant

What to test in the first conversation, whoever you end up hiring.

Savings that reached the accounts
Can show how a past program's savings were traced from the tracker into the monthly accounts, not just identified.
Knows what not to cut
Names the sales, product and service costs to protect before listing any savings, and explains what each one earns.
Has run a zero-based review
Has rebuilt an overhead budget line by line from zero, and can explain which costs survived the questioning.