Manufacturing company with sales in excess of $100 million with 13 locations in nine states and 1,500 employees was under performing.
Profit Improvement and Acquisitions
- Business Assessment
An assessment of the company identified several value added opportunities so an initial plan was developed. Our initial assessment led to an engagement to provide advisory services.
- Business Advisory Services
We designed and implemented a plan that greatly improved the profitability of the company including the development of a more effective and responsive sales quoting and reporting system, improved purchasing strategies, cost controls, accountability and operating efficiency that significantly increased gross profit from operations. We also assisted in the identification and acquisition of two manufacturing companies to vertically integrate the Company and further improve profitability.
- Bottom Line
Over a two year period the company was able to increase profitability by $5 million annually.