Type of Business: Contract packager of consumer electronics
Revenue: $60 million
The Challenge: The Company had been purchased by a private equity company and was at risk of being shut down as unprofitable. The contractor was struggling to make payroll and losing business to competition due to their high operating costs.
The Goal: Streamline operations for one plant within this acquisition and return it to profitability.
The Process:
- Worked with staff continuous improvement experts to evaluate current state and recommend process improvements
- Implemented improvements to the production line
Results:
- 40% increase in productivity
- 30% labor reduction costs
Duration: Results achieved in six weeks
Consultant's Role: Coach internal process improvement experts
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