We were engaged to provide the solution, based on our previous experience of implementing process improvement, strategy development and delivering clear project plans.
Our solution involved combining already existing and successful activities with best practice, to deliver more value-added activities, removing waste (delays, rework, duplication), focusing on immediate and long-term benefits.
- Despite losing 2 largest contracts due to external circumstances, revenue grew by 10% on previous year, on all other business.
- Net Margin increased by approx 8% on previous year due to focus on Margin based pricing model
- Development and Establishment of quarterly Financial reviews.
- Internal Non-Conformances reduced by 50% in 6 months.
- At-a-glance weekly P&L developed
- Development and Implementation of a visual management system for production planning and control
- Weekly KPI reporting, followed by the weekly review.
- Stocks reduced by approx 8% over the full year, resulting in improvement cashflow.
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