Improving operations and profitability in an automotive manufacturer
The Situation
A US based aftermarket parts company for high quality brake systems and components was facing increased competition from low cost Chinese manufacturers, increased internal salaries and freight costs.
The company needed to reduce cost and improve the operation and profitability.
The company needed to reduce cost and improve the operation and profitability.
The Solution
A team of three Interim Managers from a WIL Group company including Head of Supply Chain, Financial and Sales & Marketing assessed the situation and implemented actions to improve the operation.
The Result
Freight cost were reduced by 40%
Headcount was reduced by 20%
Financial reporting was improved
Low volume and low margin items were eliminated
The company has re-emphasized their high quality products and value added positioning
The company has returned to profitability and is now in a growth mode again.
Headcount was reduced by 20%
Financial reporting was improved
Low volume and low margin items were eliminated
The company has re-emphasized their high quality products and value added positioning
The company has returned to profitability and is now in a growth mode again.
Multi-Country Solution - Leveraging resources from:
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