Successes

Turn Around

  • Reduced annual expenditures by $2.7 million in four weeks and another $400K in an additional three weeks.
  • During a two year period;
    •  Increased Gross Margin from 57% to 69%
    • Reduced G&A from 22% to 17%
    • Reduced S&M from 27% to 19%
    • Halved long-term debt
  • Rebuilt New Orleansmanufacturing business in the wake of Hurricane Katrina

Supply Chain

  • Cut inventory by $10 million
  • Reduced inventory by $4.6 million
  • Cut inventory by $3 million (75%)
  • 42% reduction of Excess and Obsolete Inventory in 7 weeks
  • Eliminated $400K+ in material costs
  • 40% reduction in the order to ship process
  • Increased customer service level from 78% to a record 99%
  • Reduce Quote to Cash processing cycle time by 47%
  • Developed KPI’s and bonus structure to align various departments goals and daily operations

Financial

  • Reduced collection cycle by 43%
  • Reduced closing cycle from 30 days to 3 business days
  • 30% centralization cost reduction
  • 41% reduction of  headcount/expenses
  • Implemented weekly cash forecasting, management and performance measurements systems
  • Reduced rework by 100% and greatly enhanced quality

LEAN

  •  Increased profits by over 200% in the same time frame.
  • Increased sales by 30% in 12 months with only 10% increase in overhead
  • Increased production output by 300% with a significant reduction in overhead
  • Virtual elimination of rework and achieved 100% on time delivery
  • Increased profits by over 500%
  • Increased production by 200% with no increase in overhead
  • Decreased delivery lead-times by 100%
  • Reduced losses paving the way for improved bank financing