Manufacturing- Profit Improvement

Manufacturing - Cost Reduction

Are your profit margins improving or declining and why?

Do you know the true profit margin on each product 
line/customer?

Are you aware of and can you introduce imminent innovations affecting your industry sector?

Would your business benefit from technology transfer?

Have your products got export potential and could you
benefit from currently available grants?

Are stocks at optimum levels and are wastage and
shrinkage monitored accurately?          

Is there added value potential for existing product lines?

Are you maximising information and value from your
supply chain ?

Our Profit Improvement Programme will

• Deliver an Overview of your existing business model.
• Review the last 12 months management accounts. 
• Decide on the key KPI's applicable to your business.
• Compile a Cost Allocation Report.
• Construct a Cost/Margin/Pricing Matrix.
• Produce an Efficiency Report including waste levels 
• Idenitify and Implement agreed actions to Improve Profits.

When did you last benchmark all your input and overhead costs?

Have you full visibility across all spend categories in your sector?

Do you have the personnel, time and inhouse expertise to effectively manage procurement across all spend categories?

Are your costs comparable to best in class within your industry?

Are you confident that you can achieve the level of cost
reductions your business needs to remain competitive?

Do you engage in R & D and does it qualify for tax credits?

How many new alternative sources of supply have been
contacted within the last year?

Have you recently investigated outsourcing some of your production processes?

Our Cost Reduction Programme will

Analyse your spend per category for the previous 6 to 12
months and allow for upcoming changes in volume

Decide how that spend could be more effectively split or
combined to suit market conditions

Benchmark that spend with the most suitable suppliers

Compile report on the potential savings identified