Background:
Established MNC with manufacturing base in Ireland and finance management and distribution activity in both Ireland and UK. Significant sales and marketing activity and customer base located throughout Europe.
Issue:
Duplicated activity in financial management and distribution in different countries. Understand financial impact, operational and people issues of merging these activities.
Scope of Involvement:
- Review and interview finance team, operations, management, customers and employees. Map processes and agree with staff/key employees.
- Establish and agree management and customer expectations from activities and current measurements and performance. Establish legal and taxation frameworks.
- Quantify current costs and assess options for improvement. Develop business rationale, identify issues and quantify impact.
- Make recommendations on appropriate structure, reports and potential efficiencies.
- Agree, review and revise. Prepare final outline for communication to stakeholders. Identify targets and goals expected.
- Develop programme plan and key personnel required to ensure success. Define milestones and measure of success. Agree and check with management and key employees. Refine and finalise.
- Communicate and implement project. Plan roll out with impacted employees and communication with organisation.
- Lead project, communicate and review plan, communicate progress and key measures
Outcomes:
- Project updates and roll out completed on time – including site visits, team calls meetings and communications.
- Merged distribution activity to one site – on time and with no impact on customer service.
- Annual costs reduced by over €500k – one off inventory write off €360k
- Processes merged and activities transferred successfully