Case study

Removing friction in cost transformation

TMD Friction, a global leader in brake technology to the automotive industry, is an innovator with the highest standards in quality, and ever-increasing global footprint.

TMD Friction Automotive

PMO

USA

"We wanted to be able to empower leaders to set their own budgets and tell us what projects will help them to achieve their goals. That’s the difference from where we started."

Background

Pain

With the projects running across departments and locations, TMD Friction knew it needed a centralized view of the program.

As the scale of work multiplied, so too did difficulties in tracking work, standardizing processes, and the need to leave behind spreadsheets and PowerPoints.

Problem statement

To support the new operational rhythm and management’s requirement to use performance data to facilitate decision-making, TMD Friction wanted a solution to help standardize their processes and simply surface how metrics measured against targets.

Software evaluation

Their goals were to find a solution that delivered robust oversight and efficient management of programs, such as the cost-saving initiative.

By finding a solution, they hoped to bridge the gap between budgeted and additional projects, integrating multiple teams in a way that maintained consistent project execution.

"The overview that we are creating with i-nexus and PowerBI for the entire company is brilliant. We can show how budget is driven by projects, and when it comes to budgeting next year, we can ask what is possible, what can you do better, and what can you improve on top?"

Outcomes

Customer outcome

TMD Friction uses i-nexus to manage and streamline its entire project portfolio as part of its wider efforts to achieve operational excellence.

i-nexus solution focus

With i-nexus, it has centralized a single source of truth on project collaboration, ensuring project delivery and tracking accountability.
With scorecards set up, management can easily view real-time information and accompanying journals on projects, so that decisions can be made faster without unnecessary manual reporting.

i-nexus benefits

Management can now easily monitor project progress and identify areas needing attention. This transparency is crucial for the success of the PMO
The centralized system reduces the administrative burden of managing projects through spreadsheets, allowing teams to focus on execution rather than data management
With journals and event tracking, i-nexus helps TMD Friction maintain accountability across teams and projects, ensuring that performance gaps are addressed promptly.
i-nexus provides a consistent and repeatable approach to managing projects, ensuring alignment with strategic objectives
The move from manual processes to an integrated system has drastically cut inefficiencies, allowing the strategy team to focus on more strategic tasks rather than administration.

By the numbers

Users

213

KPIs

Projects

270

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