A startup within the electromobility sector needed to identify suppliers, source a supply chain, and estimate the cost of production for their new design. Triathlon supported the process by building the supplier base, conducting supplier discussions, and finally creating a model to approximate the unit cost in serial production.
Industrial equipment
Triathlon Group serves the Industrial Equipment industry, including component manufacturers, subcontractors, engineering companies and OEM:s.
A high level of competitiveness and increased customer demands require organizations to continuously improve operations and transform industrial footprint while adopting new technologies and ways of working.
Cases
Industrial equipment
Establishing the Supplier Network
Industrial equipment
M&A Strategy to Spur Growth Agenda
A global manufacturing company needed support to accelerate the realization of their growth agenda by closing strategic gaps through M&A. Triathlon supported by developing an M&A strategy, by defining and assessing potential markets, to identify market opportunities and acquisition targets.
A global manufacturing company needed support to accelerate the realization of their growth agenda by closing strategic gaps through M&A. Triathlon supported by developing an M&A strategy, by defining and assessing potential markets, to identify market opportunities and acquisition targets.
Triathlon Digital
Supply Chain Growth Optimization
Automotive
Deliver Under Extreme Pressure
In the rapidly transforming auto industry, a client had launched multiple large scale, strategically important, initiatives but faced several challenges to deliver. Triathlon assessed the situation, developed a Masterplan and establish a steering and support organization.
In the rapidly transforming auto industry, a client had launched multiple large scale, strategically important, initiatives but faced several challenges to deliver. Triathlon assessed the situation, developed a Masterplan and establish a steering and support organization.
Triathlon Greentech
Circular Battery Service Offer
A battery manufacturer needed support in defining a circular service offer for their product to enable the most cost efficient and sustainable battery life cycle. Triathlon supported in defining the key life prolonging service initiatives and prioritized them in alignment with the company’s core business offer
A battery manufacturer needed support in defining a circular service offer for their product to enable the most cost efficient and sustainable battery life cycle. Triathlon supported in defining the key life prolonging service initiatives and prioritized them in alignment with the company’s core business offer
Construction industry
Commercial guidance to establish sales
An innovative company within the construction industry developed a new product and was seeking avenues to effectively commercialize the product. Triathlon supported the client’s commercialization by developing a commercial plan encompassing strategic areas to establish sales.
An innovative company within the construction industry developed a new product and was seeking avenues to effectively commercialize the product. Triathlon supported the client’s commercialization by developing a commercial plan encompassing strategic areas to establish sales.
Triathlon Digital
Capturing Changing Market Needs
Understanding the ever-changing market environment is crucial for any industry actor. Triathlon Group supported a tier 1 supplier in capturing and understanding the market changes driven by end-customer behaviors and needs to better forecast the market and serve their customers.
Understanding the ever-changing market environment is crucial for any industry actor. Triathlon Group supported a tier 1 supplier in capturing and understanding the market changes driven by end-customer behaviors and needs to better forecast the market and serve their customers.
Industrial equipment
Semiconductor Summer Taskforce
A purchasing organization requested support with managing critical Tier 1 suppliers affected by the semiconductor crisis. Triathlon supported with negotiating and coordinating with the suppliers in order to mitigate production stops at the suppliers’ factories to ensure that the requested deliveries to the client's plants were fulfilled.
A purchasing organization requested support with managing critical Tier 1 suppliers affected by the semiconductor crisis. Triathlon supported with negotiating and coordinating with the suppliers in order to mitigate production stops at the suppliers’ factories to ensure that the requested deliveries to the client's plants were fulfilled.
Industrial equipment
Improvement of Cost-Plus Pricing Model
An industrial equipment manufacturer needed to improve their pricing model used to quote global customer projects. Triathlon assessed the current cost/revenue structure and delivered an enhanced model enabling annual updates of allocations, thus improving both accuracy and flexibility.
An industrial equipment manufacturer needed to improve their pricing model used to quote global customer projects. Triathlon assessed the current cost/revenue structure and delivered an enhanced model enabling annual updates of allocations, thus improving both accuracy and flexibility.
Triathlon Greentech
2nd Life for High Voltage Batteries
An OEM needed support in exploring opportunities related to 2nd life of its high voltage batteries. Triathlon supported in driving key initiatives and pilots as well as in re-evaluating the company’s 2nd life strategy.
An OEM needed support in exploring opportunities related to 2nd life of its high voltage batteries. Triathlon supported in driving key initiatives and pilots as well as in re-evaluating the company’s 2nd life strategy.
Automotive
Improving Delivery Capability
In the rapidly transforming auto industry, a client had launched multiple strategically important initiatives but faced several challenges to deliver. Triathlon assessed the situation, assisted with developing a common Masterplan and established a coordinating steering and support organization.
In the rapidly transforming auto industry, a client had launched multiple strategically important initiatives but faced several challenges to deliver. Triathlon assessed the situation, assisted with developing a common Masterplan and established a coordinating steering and support organization.
Industrial equipment
ERP Implementation Management
An industrial client needed support to manage the IT part of an ERP implementation. Focus was to improve project control, communication and speed of deliveries, including hand-over to client’s internal IT project management organization.
An industrial client needed support to manage the IT part of an ERP implementation. Focus was to improve project control, communication and speed of deliveries, including hand-over to client’s internal IT project management organization.
Industrial Equipment
R&D Project Controlling
An industrial equipment producer wanted to improve cost visibility and control of R&D projects. Triathlon supported implementing a standard ERP project and time reporting module, which was piloted for one site and then rolled out globally, resulting in improved project planning & budgeting.
An industrial equipment producer wanted to improve cost visibility and control of R&D projects. Triathlon supported implementing a standard ERP project and time reporting module, which was piloted for one site and then rolled out globally, resulting in improved project planning & budgeting.
Air treatment and climate control
Implementing Process Improvements
A global market leader in air treatment had updated their product development processes and needed support to implement the new way of working. Triathlon outlined the roll-out approach, created training material, and conducted training in the new process.
A global market leader in air treatment had updated their product development processes and needed support to implement the new way of working. Triathlon outlined the roll-out approach, created training material, and conducted training in the new process.
Climate control
Upgraded Product Development Process
A premium player in the market needed to upgrade their product development process after experiencing significant difficulties to bring new products to the market. Triathlon identified current pain points and updated the process based on best-practice and identified issues.
A premium player in the market needed to upgrade their product development process after experiencing significant difficulties to bring new products to the market. Triathlon identified current pain points and updated the process based on best-practice and identified issues.
Industrial equipment
Operational Improvements
Triathlon supported an industrial client in performing an assessment for an exponentially growing business segment. Focus was to identify limitations in the current way of working and defining the long-term solution for successful continued growth.
Triathlon supported an industrial client in performing an assessment for an exponentially growing business segment. Focus was to identify limitations in the current way of working and defining the long-term solution for successful continued growth.
Automation industry
Manufacturing System Pre-study
A client within the automation industry had identified several pain points related to their manufacturing systems and processes. Triathlon provided an in-depth analysis resulting in defined improvement areas together with solutions and a recommended way forward
A client within the automation industry had identified several pain points related to their manufacturing systems and processes. Triathlon provided an in-depth analysis resulting in defined improvement areas together with solutions and a recommended way forward
Industrial equipment
Global cost reduction program
A client within the automation industry launched a global purchasing cost reduction program. Triathlon provided a combination of project management and business analysis, resulting in substantial savings along with a framework for continued improvements
A client within the automation industry launched a global purchasing cost reduction program. Triathlon provided a combination of project management and business analysis, resulting in substantial savings along with a framework for continued improvements
Industrial equipment
Semiconductor supply chain mapping
A purchasing organization requested a holistic view a of the supply chain for components with semiconductors. Triathlon assessed the clients supply chain and created a database that provided the transparency required to work proactively with the crisis
A purchasing organization requested a holistic view a of the supply chain for components with semiconductors. Triathlon assessed the clients supply chain and created a database that provided the transparency required to work proactively with the crisis
Triathlon Digital
Current and future digital offerings
As a part of a digitalization effort, a global supplier of security solutions wanted to determine the current state and trajectory of their technological capabilities and digital offerings. Triathlon supported in how to formulate a digital strategy and framework to reach the target state.
As a part of a digitalization effort, a global supplier of security solutions wanted to determine the current state and trajectory of their technological capabilities and digital offerings. Triathlon supported in how to formulate a digital strategy and framework to reach the target state.
Industrial equipment
Reaching the full sales potential
A global manufacturing client is targeting substantial growth. Triathlon was asked to turn strategy into action by developing a full potential plan. After assessing the situation and understanding the sales potential, a roadmap for needed initiatives was developed.
A global manufacturing client is targeting substantial growth. Triathlon was asked to turn strategy into action by developing a full potential plan. After assessing the situation and understanding the sales potential, a roadmap for needed initiatives was developed.
Industrial equipment
Reduce working capital
Triathlon supported an industrial equipment client to perform a deep dive assessment to reduce working capital and improve cash generation. Client financials were analyzed to define and detail improvement areas and implementation approach
Triathlon supported an industrial equipment client to perform a deep dive assessment to reduce working capital and improve cash generation. Client financials were analyzed to define and detail improvement areas and implementation approach
Industrial equipment
Defined new way of working globally
A global climate control manufacturer wanted to address untapped potential in current business and reduce operational costs. Triathlon supported in defining global best practice processes and system support as well as planning for the subsequent implementation
A global climate control manufacturer wanted to address untapped potential in current business and reduce operational costs. Triathlon supported in defining global best practice processes and system support as well as planning for the subsequent implementation
Triathlon Operation
Fulfilling demanding customer contract
A growing industrial equipment company was challenged to meet demanding contractual obligations in a proposed deal that had transformative business potential. Triathlon performed an E2E assessment of the client’s operations and advised on how to meet the challenge.
A growing industrial equipment company was challenged to meet demanding contractual obligations in a proposed deal that had transformative business potential. Triathlon performed an E2E assessment of the client’s operations and advised on how to meet the challenge.
Industrial Equipment
Semiconductor supply chain analysis
A purchasing organization needed to gain understanding of the supply chain for components with semiconductors, given the global shortage, to proactively mitigate production impact. Triathlon supported with a supply chain analysis and development of a semiconductor database.
A purchasing organization needed to gain understanding of the supply chain for components with semiconductors, given the global shortage, to proactively mitigate production impact. Triathlon supported with a supply chain analysis and development of a semiconductor database.
Industrial equipment
Preparing for transformation program
Triathlon assisted an industrial equipment client in the concept development and preparation of an initiative to improve operations. Processes in operations were assessed and a new plan defined for launch of a transformation program.
Triathlon assisted an industrial equipment client in the concept development and preparation of an initiative to improve operations. Processes in operations were assessed and a new plan defined for launch of a transformation program.
An industrial manufacturing group needed new practices to secure operations and health of employees in the Covid-19 pandemic. Triathlon assessed current standards and implemented improvements in the entire group.
An industrial manufacturing group needed new practices to secure operations and health of employees in the Covid-19 pandemic. Triathlon assessed current standards and implemented improvements in the entire group.
A medical device client wanted to better utilize their business data to improve decision-making. Triathlon developed a Business Intelligence reporting concept for the client resulting in a new BI-system with relevant actionable data.
A medical device client wanted to better utilize their business data to improve decision-making. Triathlon developed a Business Intelligence reporting concept for the client resulting in a new BI-system with relevant actionable data.
A client within foods equipment needed to increase their growth. Triathlon assisted by performing an initial market analysis resulting in a defined current situation and need for future development.
A client within foods equipment needed to increase their growth. Triathlon assisted by performing an initial market analysis resulting in a defined current situation and need for future development.
An industrial equipment manufacturer needed to improve operational efficiency to stay competitive. Triathlon advised in the review of European operations resulting in a transformation enhancing the client's position on the market.
An industrial equipment manufacturer needed to improve operational efficiency to stay competitive. Triathlon advised in the review of European operations resulting in a transformation enhancing the client's position on the market.
Triathlon supported an industrial equipment client in reviewing the current situation and identifying requirements for a global business transformation initiative, resulting in a well-structured program launch.
Triathlon supported an industrial equipment client in reviewing the current situation and identifying requirements for a global business transformation initiative, resulting in a well-structured program launch.
Featured Insights
Strategy - The Key to Unlocking Full AI Potential
Most executives believe that AI is a key enabler to reach growth targets, yet many companies struggle to successfully adopt AI. What differentiates companies who succeed with their AI transformations from those who do not? Triathlon Data & Analytics is surveying manufacturing companies to investigate what obstacles they encounter, as well as how they are overcome.
Triathlon Group’s Industrial Report 2024/25
Triathlon Group's annual Industrial Report shows that the Swedish manufacturing industry faces significant challenges during 2024. However, many companies are optimistic about a recovery and better market conditions in 2025.
Ensure a Truly Efficient BI Improvement Process
Implementing a BI solution is an accomplishment, concurrently only the beginning. To fully grasp the benefits, BI maintenance and continuous improvements are...
Triathlon Group’s Industrial Report 2024/25
Triathlon Group's industrial report (Verkstadsrapporten) highlights a challenging year for Swedish manufacturing companies, with expected decline in top-line growth, order intake, and workforce. For 2025, the companies show a cautious optimism for market recovery.
Challenges & Opportunities in AI-based MedTech
Artificial intelligence (AI) has emerged as a catalyst for innovation in the HealthTech domain, with the promise to enable faster, smarter and more effective care to people across the globe.
Safeguarding Against Escalating Digital Threats
Cybersecurity involves measures aimed at preventing and safeguarding your digital infrastructure from cyberattacks. Ransomware, an attack particularly successful in disclosing confidential data, is a threat to companies of all sizes across all industries.
On the Projected Downturn in EV Sales
There are multiple reasons to why electric vehicle adoption is projected to stall in the coming year. Not only is it due to increased interest rates but also higher demands from the next group in the adoption cycle. When consumer confidence returns, it is essential that the pace of product development and infrastructure investments has been kept.
Increased Sustainability Requirements Demand Automated Processes
The requirements for Sustainability reporting have increased significantly during recent years, challenging companies’ processes for reporting. Implementing an automated reporting platform can significantly limit dependency on individuals, streamline manual work and reduce the risk of errors.
Navigating the Evolving Landscape of the Automotive Industry
The automotive industry has undergone a turbulent phase characterized by disruptions in sales and delivery capacity, including challenges like supply chain shortages and reduction of governmental incentives in key markets. As the industry experiences significant transformation and various factors impact its development and consumer purchasing behavior, OEMs face substantial demands to effectively navigate these issues and secure long-term success.
Data engineering to unlock the potential of BI
Business intelligence (BI) supports organizations to extract valuable insights from their unstructured and structured data to facilitate strategic decisions. However, unlocking this potential requires complex data to be managed through data engineering, including data ingestion, storage and processing, before it can be transformed into tangible values...
Triathlon Group’s Industrial Report 2023/24
Triathlon Group's annual industry report (Verkstadsrapporten) shows a strong top-line growth during 2022 for Swedish and West Swedish manufacturing companies. Despite growing top-line, West Swedish companies express concerns regarding the possibility of passing on increased cost, which is expected to lead to reduced profitability...
Is the Semiconductor Crisis Over?
The world has, in recent years, become acutely aware of the elusive group of components referred to as semiconductors. Their pervasive influence touches every facet of the modern business landscape, from automotive giants to consumer electronics titans. However, what was once an unassailable cornerstone of innovation has now become a fragile keystone in the worldwide economy. These components are not only the brains behind our gadgets but are...
Usage of Generative AI in the Swedish Manufacturing Industry
Discover the untapped potential and key considerations of deploying generative AI in the thriving Swedish manufacturing industry. Deep dive into Triathlon's research which has summarized the advantages of, as well as the risks associated with, this groundbreaking technology.
Emerging Transportation Management Systems
Emerging and disruptive technologies such as AI, Cloud Computing, Big Data Analytics, and Autonomous Vehicles have unlocked untapped potential for Tra...
Capturing value in the energy transition
The rapidly increase of renewable energy sources paves the way for storage solutions. New regulatory and political incentives programs force actors in the industry to prepare for the new set-up to defend their industry space.
Renewables are now surpassing traditional sources
The global energy crisis has triggered unprecedented momentum behind renewables, with the world set to add as much renewable power in the next 5 years as...
Democratizing Healthcare by Machine Learning
Machine learning is revolutionizing businesses, through valuable insights, predicted outcomes, and facilitated decision-making. In healthcare, the models efficiently analyze patient data, identify anomalies and offload staff. But besides a reliable algorithm...
Succeeding in IT and Business Carve-Outs
Executing an IT separation within a business carve-out can be a daunting task for leadership teams. However, by considering the following points, the transformation can be executed with greater efficiency and clarity...
Co-opetition – Collaborate With Competitors to Get Ahead
Originating from game theory, co-opetition describes how competitors can cooperate to get ahead, or reach a common goal, by working together. Despite its benefits in the prevailing business climate, competitors are – as you might know – often hesitant to collaborate, and as a result, they miss out on favorable opportunities...
Assessing Environmental Impact With LCA
Organizations meet increased pressure to disclose their environmental impact. A Life Cycle Assessment (LCA) is a standardized methodology that quantifies this impact, providing data for organizations to address the increased demand.
Increased need to quantify environmental impact
Organizations are under increasing pressure to be transparent about their environmental performance. Firstly, the legal reporting requirements are becoming ever stricter, which is illustrated by...
OKR – An Effective Tool to Drive Goal Achievement
Developed by Intel’s CEO Andy Grove back in the 1970’s, the goal and management method Objectives and Key Results (OKR) has since become the de facto methodology for many tech giants like Google, Amazon and Spotify and is spreading like wildfire across successful startups. The method enables companies achieve their goals by focusing on what is most important – at any given time...
Supply Chain Resilience in a Market Downturn
The robust growth since the last global recession in 2008/2009 has reached its climax. We are now forced to face a stark new reality as a recession ominously looms in the not-so-distant future. It is hard to deny that the last two years have been challenging from a supply chain perspective, many were caught off-guard and supply chain inefficiencies were mercilessly punished...
Combining Data Privacy & Machine Learning
The development of computing capabilities during the last decades has enabled organizations to gather and process large amount of data using advanced mac...
Gain Efficiencies by Product Variant Strategies
When companies extend offerings through product variants, they will face increasing costs and related challenges as the portfolio grows in complexity. Concurrently, variants generate deep customer value and justify higher price points, where mitigation strategies will enable improved lead times and profits gains...
Triathlon Group’s Industrial Report 2022/23
Triathlon Group’s annual Industrial Report (Verkstadsrapporten) shows that the Western Sweden’s manufacturing industry have recovered after the pandemic. However, high inflation, higher interest rates, continued material shortages and increasing energy prices result in that companies are uncertain about the future demand...
The M&A Year 2021 in Review and 2022 Outlook
M&A activity in Europe surged in 2021 with more capital spent on acquisitions than any of the previous seven years. After a relatively poor 2020, transaction volumes bounced back to pre-pandemic levels and more. Has the M&A market scaled new heights in Europe?
Making Industrial Facility Operations Sustainable
The industrial sector is a key driver of human-caused greenhouse gas emissions, and a significant share of these emissions comes from facility operations. As ...
Study Shows 3 Enablers for Sustainability Leadership
The global sustainability transformation is rapidly evolving. To enable a successful transformation and ultimately become a sustainability leader, fulfilling organizational prerequisites is key. Based on a study* of companies at the sustainability forefront and interviews with sustainability executives, Triathlon Group has identified three organizational enablers for success...
A Paradigm Shift Within Digital Services?
Have you ever read the comments field on an article posted on social media? Then you have probably encountered both hatred and the spread of disinformation. Wit...
Building a Culture of Innovation
Innovation is a key recipe for success, yet most organizations still struggle to generate and execute enough new ideas to the desired level of novelty. The...
Mandatory Human Rights and Environmental Due Diligence
The long-awaited proposal for an EU Directive on mandatory human rights and environmental due diligence has finally been released, following the increasing global momentum towards socially responsible and sustainable business. A topic that in times like these is ever more relevant.
The net-zero challenge for mobile machinery
Efforts in mitigating climate change have resulted in ambitious global targets on CO2 emission reductions. Highly affected by these targets are mobile machinery which now face a challenging transition towards net-zero emissions.
What is your contribution to Agenda 2030?
United Nations’ 17 Sustainability Development Goals (SDG) show the direction on how to make an impact on the world’s most urgent societal challenges. These goals aim to mobilize efforts and they call for action to organizations around the globe to use innovation and creativity to combat these challenges.
Triathlon Group’s Industrial Report 2021/22
Triathlon Group’s annual Industrial Report (Verkstadsrapporten) shows that the Western Sweden’s manufacturing industry was initially hit hard by the COVID-19 pandemic in 2020, but recovery has been rapid and forecasts for the future are positive. However, uncertainties exist on how the cost development of raw materials and transports will progress, which is indicated in this year’s report.
Get Topline Impact from Value-Driven Sales
Project sales between businesses are complex and to succeed with a high hit-rate, the sales process needs to turn from a traditional selling with inside-out to an outside-in perspective. By identifying the unique buying points for the customer, new ways of selling are derived that can impact topline results.
Study on realization of ERP benefits
Expectations on a new ERP-system are often high. However, once the system goes live, studies show that most businesses experience unachieved realizations of their expected benefits.
The M&A Year 2020 in Review
Heading into 2020, global M&A activity was declining, with both a deal value and deal count falling in 2019 compared to the all time high levels of previous years.
Eliminate the Skill Gap for Value-Based Sales
A sales force which has the skills to identify and sell value is necessary to meet the challenges with value-based sales.