In 2021, Airo engaged with a leading parts manufacturing company with operations in the US and Europe. The customer sought to optimize their Finance & Accounting operational cost, resource optimization and enhance operational efficiency. Airo proposed a strategic initiative that involved managing their entire Finance and Accounting processes, people involved and the technology. They had 75 employees and another 35 contractors in the US and Europe. The aim was to reduce the operational cost, streamline operations, reduce redundancies, and drive innovation through a co-innovation lab.

 The engagement presented several critical challenges:

• Geographical Diversity: Managing resource transitions across multiple countries while maintaining operational consistency and meeting regional regulatory requirements.
• Contractor Consolidation: Streamlining a diverse contractor base across multiple countries in Europe to reduce redundancies and improve efficiency.
• Cultural Integration: Addressing cultural differences and ensuring smooth collaboration among teams from different geographical locations.
• Innovation Drive: Establishing a co-innovation lab to foster collaboration and drive AI and automation led technological advancements tailored to the customer’s needs.

 Airo worked with the office of the CFO and our strategic intervention led to significant outcomes:

• Operational Efficiency: Streamlined contractor consolidation and resource distribution, resulting in more efficient and cohesive operations.
• Innovation Hub: Successfully established a co-innovation lab that fostered collaborative efforts, driving AI led innovation and aligning with the client’s strategic objectives. This improved the overall efficiency by 44% within six months. 
• Cost Management: Achieved 32% overall cost savings by optimizing resource allocation, leverage low-cost locations and reducing redundancies across the board within the first year. 
• Enhanced Collaboration: Facilitated better communication and collaboration among teams from the US, Europe and India, leading to a more unified approach to project management and execution.

Airo’s engagement with the parts manufacturing major showcased our ability to deliver customized solutions that align with our client’s strategic goals. By leveraging AI, automation, and strategic insights, we provided a robust framework that not only streamlined operations but also drove innovation and enhanced collaboration. The success of this engagement highlights Airo’s commitment to delivering excellence and creating value through innovative solutions and strategic partnerships. This case study exemplifies Airo’s expertise in transforming operations and driving sustainable growth across diverse geographical landscapes.