Industry:Manufacturing & Processing
Company:A manufacturer of signage and provider of identity solutions for a variety of industries
The Company was consistently performing under the expectations of its Lender.
Focus was engaged to review the Company’s structure, assess its financial status and makes changes to effectuate a turnaround.
- Employees were reassigned to more effectively take advantage of their skill set
- Changes to the ROI (the Enterprise Information System) were made to improve project management
- Shop labor efficiency was tracked and monitored
- A capacity analysis tool was developed to identify productivity increases and to assess capacity balance
- Due to the efforts of Focus Professionals, shop labor efficiency increased 36.6%, which contributed to cash savings of $1.3MM annually.
- Project management controls were upgraded, improvements which dramatically increased operational efficiency and Company revenues.