CEO/COO – Industrial Manufacturing

CEO/COO

CEO/COO – Industrial Manufacturing

Increased
production by 35%
Decreased
labor costs by 50%
Increased
contribution margin by 10%
Cerius Insights: What gets managed gets measured, what gets measured improves.
Company Profile
Large, international industrial manufacturing
$150+ million in revenue
Position/Timeframe
Interim CEO/COO
5 days/week for 7 months
Situation
Geographically challenged
Losing money with no go forward plan
Past leadership lacked well-rounded background to consider all areas of the company
Large capital projects underway to address perceived capacity issues
Implementation
Implemented KPIs to increase productivity
KPI tracking provided visibility to major down time issues
Worked with engineering to develop plan to address areas of the plant causing down time and loss productivity
Built plan to address reliability issues rather than capacity issues
Revised costing to reflect true cost by customer and by SKU
Adopted a clear organizational model to minimize conflicts and provide clear lines of communication
Adjusted sales plan to improve margins based on customer segment and product mix

Results

  • Increased production by 35%
  • Decreased labor costs by 50%
  • Increased contribution margin by 10%