Sustainability Magazine Septemeber 2024 | Page 191

How PwC Unlocked End-to-End Supply Chain Value for Halcor

Having outlined potential areas for transformation , PwC has provided Halcor with insights , data and expertise across the supply chain spectrum .
PwC is recognised as one of the world ’ s Big Four consulting firms , specialising in audit and assurance , tax and advisory .
Engaged by Halcor – the copper and alloys extrusion division of ElvalHalcor – to carry out end-to-end supply chain diagnostics , local firm PwC Greece has continued to work on a variety of different projects and engagements .
Explaining the partnership ’ s evolution , Mata Chatzicharalampous , Director Supply Chain at PwC , says : “ It started with diagnostics for a problem Halcor couldn ’ t quantify . They asked us to provide insights , data and expertise in certain domains across the supply chain spectrum .
“ We ’ ve covered the entire supply chain : planning , production , shop floor , proliferation of the portfolio – and there ’ s more to come .”
Why PwC ?
PwC stood out to Halcor thanks to its deep expertise and wide range of capabilities within the supply chain domain .
“ The synthesis within our team meant we could be very pragmatic in our approach , offering tangible benefits with a clear roadmap as to how to unlock value ,” explains Athanasios Spanos , Partner at PwC .
What also stood out was PwC Greece ’ s use of data analytics , which differentiates the firm in the context of Greece .
Eleni Papandreou , Project Manager for Supply Chain at PwC , adds : “ Our approach was very hands-on but holistic . We studied Halcor ’ s supply chain end to end , from production and logistics all the way through to commercial and customer-service departments .”
Host of benefits for Halcor
Among a host of immediate benefits being enjoyed by Halcor is the fostering of a continuous improvement culture , a reduction in dispatching lead times and increased readiness for future projects thanks to value stream mapping .
In the long-term , PwC is providing recommendations aimed at enhancing operational efficiencies , such as fine-tuning changeovers to increase machine hours .
“ We covered the whole spectrum , from strategic thinking all the way to a tactical level ,” says Athanasios .
Mata concludes : “ Next , we want to capitalise on our work with Halcor to make sure we see long-term value from our partnership . We will come together as one team and work towards the same goal .”