Norstrat Ltd. is a global leader in the market for improved visibility and control of operational costs. We help our customers to reduce costs, improve performance and increase revenue while improving their business processes through technology solutions and best practices. Our solutions are used by organizations around the world who want more control over their operations.
Purpose
is a global leader in the market for improved visibility and control of operational costs? Our products and services are designed to help our customers reduce costs by up to 50%, improve productivity, and increase profitability.
Norstrat achieves this through four distinct areas:
- The Norstrat Solution – This includes an integrated suite of software solutions that provide real-time visibility into your organization’s financials, ERP integration with your accounting system, automated invoicing functionality (eBilling), comprehensive reporting capabilities, customized dashboards that provide easy insight into key performance indicators (KPIs), monthly expense management reports and more.
History
Norstrat was founded in 1983 by a group of Norwegian entrepreneurs and investors. The company’s name is derived from “Norway” and “strategy” (Norway has a strategic location, which makes it an ideal base for businesses operating in the global market).
Norstrat has been profitable every year since its inception, with profits reaching $1 billion USD in 2017 alone. Norstrat operates in many different industries including finance and insurance; real estate; telecommunications; technology; oil & gas; chemicals & plastics manufacturing (including pharmaceuticals); retailing/wholesaling/distribution etcetera.
Services
Norstrat provides a wide range of services to help companies achieve their goals. Norstrat has a global presence and works with clients in over 80 countries. Norstrat’s services include:
- The Global Operating Model (GOM) – A comprehensive management framework developed to provide effective leadership, accountability, communication, and performance measurement across all business units within an organization.
- Operational Excellence Consulting – An approach that focuses on continuous improvement through collaboration between your team members or partners who have different backgrounds & expertise. We work together with you so you can achieve maximum performance from every person on your team
Norstrat is a global leader in the market for improved visibility and control of operational costs.
Norstrat is a global leader in the market for improved visibility and control of operational costs.
Norstrat helps organizations manage their supply chain more efficiently through its suite of software solutions, which include:
- Norstrat Supply Chain Management (SCM) – This provides real-time visibility into every step of your supply chain, from procurement to receipt to movement through your warehouse locations. You can use it to track inventory levels, manage relationships with vendors or suppliers, optimize transportation routes and improve profitability by reducing waste or increasing revenue velocity across all production processes within your organization’s supply chain.
Conclusion
Norstrat is a global leader in the market for improved visibility and control of operational costs. We provide our customers with an innovative approach to managing costs that allows them to operate more efficiently with less risk. Our solutions help companies reduce overhead costs, improve business results and increase profitability through enhanced visibility into the full cost structure of their operations across all major lines of business.
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