European Pulp, Paper, and Packaging Company
Weissr Capex Strategy Software
Scope
After several successful divisional Capex Strategy projects performed together with Weissr® Capex, the senior leadership, including the group CEO, CFO, and EVP Strategy, decided to institutionalize the process by rolling out the Weissr Capex Strategy Software and yearly Strategy process throughout the organization globally.
Business Needs
Integration: Enhance integration between divisions in terms of utilizing assets and allocating capital.
In-House Capabilities: Increase the in-house capabilities and know-how concerning capital allocation and Capex evaluation.
Continuous Strategy: Ensure Capex strategy work is a continual process for a growing and active company, creating competitive advantages.
Weissr’s Approach
Cross-Functional Implementation: A cross-functional divisional implementation group led by a team of industry and Capex strategy experts from Weissr®.
Train the Trainer: Combination of train-the-trainer and Weissr Capex Strategy Project set up over 6 months.
Capex Strategy Committees: Created divisional Capex Strategy Committees led by each division’s production director to own the Capex Strategy Process.
Group Strategy Forum: Division production directors and senior group leadership in the Group Strategy Forum.
Personal Expert Assistance: Assigned a personal Weissr Capex Strategy expert to assist the client, available through the direct phone line to select super users.
Client’s Result
Enhanced Strategy Process: Yearly strategy process updated to better reflect and incorporate Capex and asset strategy decisions.
Increased Buy-In: Higher buy-in from divisions for controversial asset and Capex strategy decisions (including closures).
Cross-Division Collaboration: Increased cross-pollination of asset usage across divisions.
Alignment and Efficiency: Higher alignment in assumptions used throughout the organization and different processes, with a self-reported increase in the efficiency of the Capex process.
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