Performance Improvement: Metal Stampings Manufacturer

Client

Metal Stampings Manufacturer

Needs

  • Our client wanted to hire interim management to improve operations in a compressed timeframe.

Solution

  • Developed and executed a strategic plan.
  • Assumed management of all customer relationships, including OEMs like Ford, GM, and Honda and Tier 1 supplies like Delphi and Visteon.
  • Recruited new senior management talent.
  • Installed systems and controls to track key metrics: on-time delivery, expenses, sorting, expedited shipments, reduction in overtime, customer complaint resolution, and elimination of rework.
  • Improved communication and the relationship between management and production employees.

Results

  • Achieved positive cash flow (EBITDA) within 90 days.
  • Reduced expedited shipments from 55 per week to 2 per week in 30 days, simultaneously reducing headcount and increasing production.
  • Management has a much-improved understanding of the problems production employees face and how to communicate the company’s goals and objectives.