Company Size & Timeframe
- 50 employees
- 2-3 days/week for 6 months
Results
- Achieved savings equivalent to 3x increase in sales
- 50% drop in costs of goods
- 300 SKUs identified for price increase
- Dropped 100 slow-selling SKUs
- 20% increased fill rate
- Reduced variability on production lines
- 4% reduction in scrap
- Reduced delivery time
Company Profile & Position
- Mid-market
- Family-owned
- Chief Operating Officer
Situation
- Increasing cost of goods
- Needed to restructure management team
- Need for improvement in SKU mix, pricing, fill rates and line productivity
- Company lost strive for excellence
Implementation
- Condensed 27-page strategic plan down to one page
- Established dashboards to drive and manage business for each department
- Focused on 60- and 90-day attainable action plans rather than year-long plans
- Created business champions giving full authority to run their departments in best interest of the company
- Performed full-line and SKU analysis
- Optimized line production and work schedules
- Established team decision-making
Cerius Insights
“[Interim] was a key part in bringing the group together that was left after the transition, and coming up with the game plan going forward.”
