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Quality Improvement - Products and Processes

Starting situation


Four complaints per delivery on average in the internal process progression
Goal Ten-fold long-term improvement with complaints per delivery dropping to 0.4
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Finding solutions, approach
  1. Detailed analysis, quantitatively using the complaints database, qualitatively using surveys and interviews
  2. Creation of a database that can be accessed by all employees with a monthly determined status of the quantitative Pareto assessment per country, per supplier and per product
  3. Creation of an interdisciplinary team which includes research and development, marketing, production, purchasing, logistics, sales and assembly. Joint decisions on the measures to be taken with those holding responsibility and on schedules
  4. Controlling that the measures are implemented in good time and what effect they have
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Timeframe, resources, region
Project duration: 1 year, first results after 6 months
Resources: Management in the first six months 1.8 persons, 10-15 company-internal employees from the departments to 10-60%
Region: Start in Europe, then global expansion of "global virtual teams"
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Result
50% reduction in complaints within 12 months, set target after four years exceeded by 30%: 0.3 complaints per delivery

Turnaround & Management Buyout

Starting situation


Production operations acquired through take-over no longer compatible with core business
Goal Sale of the company
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Finding solutions, approach
  1. Analysis of the market potential, customer structure, cost basis and existing infrastructure
  2. Informing owner and management of the possible alternatives: restructuring with subsequent sale or closure of the company
  3. Definition of the restructuring measures with the company management with monthly reports detailing key performance indicators as well as coordination with the company ownership. New market segments (internet / brochures), new customer acquisition, reduction of fixed costs, renovation of the infrastructure and the production facilities
  4. Monthly progress checks
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Timeframe, resources, region
Project duration: three years
Resources: Management for one day a week at the beginning, afterwards 2-3 days a month Management, external marketing specialist up to 2 days a week
Region: Italy (Productions operations & sales), Europe (market)
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Result
Following successful restructuring, the management acquired 100% of company shares. The corporation has been doing business successfully since 2005

Customer Focus & Reorganisation

Starting situation


Departmentally seperated front organisation, customer complaints
Goal Customer-oriented organisation structure
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Finding solutions, approach
  1. Analysis of the branch structure and the employee potentials; definition of the future organisational structure
  2. Various management workshops for communication and active contribution to the generation of detailed concepts
  3. Appointment of the management, joint selection of the other management positions in each of the branches, implementation of the new structure by the 1st of January deadline
  4. Monthly checks of the implementation, change in corporate culture consolidated through further management workshops and the joint generation of new management principles
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Timeframe, resources, region
Project duration: 6 months for definition and set-up, 6 months for implementation
Resources: External consulting for roughly 6 working months
Region: Switzerland
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Result
On-time implementation, significantly increased rates of customer satisfaction and employee motivation

Reduction of the Net Working Capital

Starting situation


Corporate initiative «Reduction Net Working Capital»
Goal Sustainable reduction of the amount of capital tied up in circulating assets
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Finding solutions, approach
  1. Analysis of the assets and liabilities in an international team, definition of the primary focus: debtor management
  2. Regular DSO (Days-Sales-Outstanding) reporting with predefined targets
  3. Newly defined debtor policy, binding directives created and with special team introduced in each country
  4. Checks of the implementation within the framework of the annual financial statement
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Timeframe, resources, region
Project duration: 12 months
Resources: Management for one day a week at the beginning, internal team made up of eight persons two days a month, roll-out with special team
Region: Worldwide
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Result
Goals massively exceeded already in the first annual finanacial statement

Introduction of IFRS

Starting situation


Different annual finanacial statements of the subsidiaries
Goal Annual finanacial statement of the corporation in accordance with uniform directives
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Finding solutions, approach
  1. Identification of the accounts rendered in each company, gap analysis in relation to IFRS
  2. Demonstration of the necessary adaptation steps within the framework of management workshops with those responsible for finance
  3. Drafting of new internal guidelines based on IAS/IFRS together with the auditor; definition of the EDP solution, implementation within the framework of the annual financial statement
  4. Checks of the implementation within the framework of the annual financial statement and audits
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Timeframe, resources, region
Project duration: 12 months
Resources: Management 2-3 days a month, 2-day Kick-off workshop, about one working year in order to draft new guidelines, introduction of the EDP solution within the framework of daily business operations
Region: Worldwide
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Result
Annual finanacial statement accepted without restrictions and comments

Cost Reduction Market Research

Starting situation


Continuously increasing market research costs
Goal Cost reductions of at least a third
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Finding solutions, approach
  1. Analysis of the existing evaluations, identification of the cost drivers together with the service provider, joint identification of possible saving measures
  2. Demonstration of the potential for savings to those responsible for marketing using an adapted reporting
  3. Joint decision on the adaptation of the market assessment and the implementation
  4. Checks that the information content and the cost reduction are in line with need and objective
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Timeframe, resources, region
Project duration: 4 months
Resources: Coordination and clarifications 15 working days
Region: Switzerland
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Result
The external costs of the market research were halfed while the necessary information content was kept at the same level

Liquidity Management

Starting situation


Liquidity remained mainly unused on a bank account
Goal Active liquidity management including Cash Pooling and FOREX
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Finding solutions, approach
  1. Identification of the various liquidity needs, evaluation of the potential with active liquidity management
  2. Demonstration of the structure, the profit potential and risks
  3. Definition of the investment guidelines for the necessary operational liquidity as well as for the foreign currency management, evaluation of the cash pool possibilities with two banks, decision and implementation, creation of a liquidity report
  4. Checks of the implementation, the report and the exact daily liquidity of the individual companies
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Timeframe, resources, region
Project duration: 8 months
Resources: Project management, clarifications, directives roughly three working months
Region: Europe
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Result
FOREX regulations introduced, vast majority of cash pool implemented, the active exploitation of the liquidity not required for business operations lead to regular, significant financial profit
 

atac consulting AG    |    Rothusweg 12    |    CH-6300 Zug    |    Telefon +41 41 729 51 60