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Overstretched working capital
Financial Director

Overstretched working capital
Context
  • Automotive equipment manufacturer
  • Abrupt fall in revenue
  • Unreliable management accounting and controls

 

Issues
  • Failure to understand the change in consumption of materials
  • Need to strengthen the management team at the Company’s main production site
Solution
  • Analysis of consumption differences over the period
  • Corrective actions and process improvements

Length of assignment:

4 months

Results

  • Reliable reporting and management controls
  • Improved management of operations
Key success factors
  • Expertise of the manager
  • Follow-up of the assignment and support from the Club Delville

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