Transformed Engineering Function Driving 15% Productivity Improvement at PE-Owned Industrial Manufacturer

Challenge

A private equity-owned global industrial manufacturer of power conversion and computing products was slow to market due to production issues.

The company needed to transform its global engineering function to improve time to market and reduce supply chain costs.

Approach

  • Conducted assessment, design, and implementation phases across 7 global production sites
  • Optimized global engineering function to improve time to market and reduce costs
  • Established management controls and reporting systems and implemented key KPIs and dashboards
  • Implemented engineering process design, governance, demand and capacity planning, and dashboard automation

Results

I.

Realized operational productivity improvements of 15%

II.

Reduced time to market and supply chain costs by 30%

III.

Increased annualized EBIDTAR by 10%

IV.

Process improvements implemented and embedded into day-to-day operations, driving key decision-making processes

Experts