Focus Management Group

Manufacturing Industry Experience

Electronic Component and Chip Manufacturer

Company:

$65MM Electronic Component & Chip Manufacturer

Situation:

The Company was losing money, whose manufacturing capabilities included growing chips, close tolerance plastic injection molding, electronic component manufacturing and testing, and assembly of components into subassemblies for installation into customers’ equipment, and liquidation was being considered.

Focus Scope:

A team of Focus Professionals were engaged to improve the profitability of a $65MM manufacturer of opto-electronic devices and assemblies. .

Tasks Performed:

Focus Professionals served as Special Advisors to Chairman of the Board and orchestrated an organizational restructuring, which included:

  • Improving inventory control processes
  • Implementing a new MRP system
  • Developing marketing plans
  • Developing capacity and manpower planning tools to effectively utilize manpower

Results:

  • Improved scheduling and inventory controls resulted in a 35% increase in productivity.
  • Profitability increased significantly, on-time shipments and fill rates were dramatically improved
  • Past due orders were reduced from $1.4MM to less than $150K
  • Company stock increased from $0.37 to $25.25 per share.
View All Case Studies →

Articles

Agriculture’s Reaction to the Trade Discussions

The recent discussions surrounding tariffs on corn, soybeans, cotton, beef and pork are increasing turmoil in...

Read Full Story

Press

Focus Management Group Completes Its Role as Receiver for Campus Book Rentals

Chicago, IL, August 3, 2017 – Focus Management Group (FMG) was appointed receiver of Campus Book Rentals on...

Read Full Story