Focus Management Group

Industry:

Manufacturing & Processing

Service:

Turnaround Management

Company:

A manufacturer of signage and provider of identity solutions for a variety of industries

Situation:

The Company was consistently performing under the expectations of its Lender.

Focus Scope:

Focus was engaged to review the Company’s structure, assess its financial status and makes changes to effectuate a turnaround.

Tasks Performed:

• 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

Results:

• 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.