Shape procurement holistically! TARGUS @ BME Symposium Purchasing and Logistics in Berlin!
The BME Symposium is the meeting place for experts and executives from the field of purchasing and logistics in Germany. Read more
New industry brochure for primary and secondary forming
We are the industry’s leading consulting company foroperations in the primary and secondary forming industry. Since its founding in 2001, TARGUS has gained substantial experience and expertise in more than 100 projects in this industry, covering the entire value chain. The selected project examples in this brochure provide an overview of our experience and way of working. Read more
Press release: TARGUS appoints two new partners
Dr. Martin Kneip (45) and Dr. Stefan Maurer (39) have both been with the company for approximately 7 years and have shown outstanding performance and commitment in their fields.
HBM Ad Special “Product Value Management”
New industry brochure for injection molding
TARGUS product cost optimizations work
Significant savings and optimized variants were developed for a new measuring device in a product cost optimization
TARGUS wins two titles as “Hidden Champion”
An exciting surprise shortly before Christmas: TARGUS was awarded as “Hidden Champion of Consulting” for the second time in a row.
Once again, TARGUS achieved first place for the most crucial category “Business Performance” in the most recent study, conducted by WGMB (Scientific Society for Management and Consulting) and Capital – a German-based business magazine.
The category “Business Performance” is a core discipline in management consulting over the entire industrial value chain, starting with R&D, Purchasing, Production, Logistics, and Marketing & Sales. TARGUS achieves better results in this category than all other management consulting firms – including top players like McKinsey, BCG, Bain & Co.
Best of Consulting – TARGUS is awarded for the fourth year in a row
For the fourth year in a row, Targus has received a Best of Consulting award. In various operational areas, we support our customers in achieving ambitious improvement goals. This repeat award confirms to us and our customers that: Read more
New industry brochure for pharma and medical devices
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Dr. Sascha Schuth new partner at TARGUS
TARGUS Management Consulting has appointed Dr. Sascha Schuth (51) as a new partner. Schuth, who holds a doctorate in engineering, is a proven expert in product and process optimization as well as holistic cost transformation programs for clients in the manufacturing industry.
How TARGUS supplier radar secures your supply chain
TARGUS has received several awards for exemplary project work in the past two years. For good reasons.
Case Study: Even if your own production is geared for efficiency, the entire supply chain must still be monitored at all times. To avoid production downtime due to a supply disruption, it is necessary to react immediately to the earliest problem signals from throughout the supply chain. TARGUS has actively supported a global engine manufacturer in identifying and targetedly securing “shaky” suppliers and deliveries at an early stage for its highly complex range of parts.
Successfully Navigating through a Crisis
Effective Crisis management with a proven framework
2020 will forever be remembered for a single global event. The COVID19 crisis was on a global scale unlike any event in the past 100 years. As a result, many business leaders have learned something very valuable about their organization – “Do we have the internal capabilities to deal with a crisis effectively?”
Transformation Control Hub as central management and control center
One thing is essential if we are not simply to survive the current crisis, but to emerge from it stronger than before – a goal with results-oriented coordination of all counter-measures. For a company of any size, challenges are normally known and dealt with in day-to-day business. But a crisis is not normal business! Suddenly and unexpectedly, disruptive forces affect all corporate functions, everywhere. This level of disruption is far more than can be handled within existing management structures, which are likely to lack the speed and capacity to handle the crisis effectively.
Secure Your Supply to Remain Competitive
In a crisis, the behavior and performance of partners in the supply chain can change drastically. Often, suppliers who were solid, now present substantial risk.
Approaches like TARGUS’s Supply Chain Stress Test are used to quickly identify supply chain risks and bottlenecks through evaluating scenarios for different market developments.
Mastering the challenges of remote collaboration effectively
As management consultants, we are constantly working with several teams at multiple locations and often in different time zones. TARGUS is typically on-site, working alongside clients, 5 days a week. However, due to this crisis remote collaboration has become part of our daily business.
The COVID-19 Quick Scan guides you through the crisis
The current situation represents an immense task for all companies. Challenge yourself and your team with the Quick Scan from TARGUS. Check whether you have addressed all major mitigation categories to emerge stronger than the competition.
Rapid output increase in pharmaceutical production
TARGUS has received multiple awards for exemplary project work in the past two years. For good reason.
Read as a case study: Good advice alone is not enough. If corporate consultancies want to achieve optimal impact, they must ensure that ideas are successfully implemented for their clients. TARGUS has helped a global pharmaceutical company to greatly increase its market potential by putting recommendations into action.
TARGUS is Hidden Champion 2020: Nobody achieves better results in the field of “Business Performance“
Usually we are happy if people in the top management of large companies already know us. In this particular case, however, the joy of being treated as an insider tip for highly qualified consulting services on executive floors is even greater: We were recognized as Hidden Champion in the area of “business performance”.
TARGUS repeats in both categories of Wirtschaftswoche’s “Best of Consulting” Awards
For the second time in a row, TARGUS Management Consulting has achieved a top rank in “Wirtschaftswoche” magazine’s “Best of Consulting” competition. TARGUS defended its first place rating in “Operations” from the previous year. A new addition was the “Strategy” (Restructuring) category.
Why does factory planning affect your manufacturing costs?
Broad perspective for a successful Factory Planning Assessment
The classic control variables and performance indicators of complex projects are scope (quality), time and costs. When planning a factory these aspects would only give a limited result in matters of a holistic optimization. Decisions made in the planning process of a factory have a very strong influence on the manufacturing costs. Nevertheless, it is not unusual that their effects are completely disregarded in the planning process. TARGUS broadens the search for risks and potentials in a factory planning project by adding the aspect of targeted manufacturing costs to the classic criteria – with excellent results.
Are you ready for Industry 4.0?
The TARGUS-Roadmap guides you towards the digital change
Digitization, Industry 4.0, intelligent factories – there is no place to hide from these buzzwords. But what does Industry 4.0 mean for your company? Where do you have to pave the way to remain competitive in the future? The TARGUS maturity level model allows you to analyze the status of your company and to define the digitization requirements at the interfaces to customers, products and suppliers. Read more
TARGUS works.: process optimization across different sites
Significant increase in productivity at different plants
At a customer with plants in the US and Mexico the areas production, logistics and supply chain needed to be optimized. With the help of successful process optimization, savings in the high six-digit range could be realized and the high workforce fluctuation has been reduced by 75 percent. Read more
Roadmap for Success
Create your Roadmap for Success – immediate sustainable increase of EBIT
The Roadmap for Success has the goal of immediate but sustainable increase of EBIT. In the arena of competitive pressure, increasing customer demands, rising costs and operating problems the Roadmap for Success is particularly useful in two areas:
- Closing of an existing target shortfall
- Prevention of the risk of a foreseeable future target shortfall
Optimization of setup time with the SMED approach
More efficiency with flexible production lines
The reduction of inventory, capital commitment as well as the optimization of delivery times are common targets of many companies. What are the key drivers to reach these targets? In many cases it is the flexibility of production lines which is directly linked to setup time. The renowned SMED analysis in used in many types of industries and companies. Read more
Don’t bury your data – use it!
Improve your quality by analyzing the operating data with statistical tools.
You are literally flooded with all the data collected during the manufacturing process. But how do you determine what data is useful and valuable for improving your production performance and conducting root cause analysis? Using Statistical Operational Data Analysis “SODA” we combine the data into a data cube and analyze it with sophisticated statistical tools. This reveals formerly unknown interfaces and can be used for in-depth root cause analysis. This allows problems or quality defects to be identified and remediated. SODA was developed by our consultants as an innovative addition to the existing approaches in our Targus Toolbox. Read more
Procurement Scan
Is your procurement department World Class?
Our procurement scan quickly reveals the answer. Our systematic approach gives you an indication of the performance of your procurement department. This provides a systematic assessment and overview of the performance of your department. In addition, we indicate proposed improvements. A matrix with medium and short term approaches is derived from the analysis.
Up to now, most companies have underestimated the importance of procurement. The procurement department accounts for about 60% of a company’s expenditures. Hidden profit potential not only result in cost reduction or efficiency increase but also have an on-going effect on the performance of the entire company.
In a short project we investigate the impact of procurement on company performance. The examination has on two main approaches:
- Internal opinion assessment
- External benchmarking