CASE STUDY
Optimized Production to Reduce Costs by 32% Across the Network of PE-Owned Manufacturer
Challenge
A private equity-owned global manufacturer and fabricator of metal and fiberglass display fixtures was facing significant sourcing and production issues.
The company needed to rationalize and consolidate assets to meet demand and reduce costs.
Approach
- Rationalized production assets resulting in the consolidation of US production facilities into Canada, Mexico, and China
- Optimized layout of receiving facilities and streamlined workflows
- Stood up local sourcing to improve supply chain efficiencies
- Implemented dashboards and governance processes to drive accountability and provide visibility into production status across the globe
Results
Reduced costs by 32% across the production network
Reduced working capital by 20%
Enabled real-time end-to-end operations performance tracking through dashboards
Redesigned Project Management (PM) and Design and Engineering functions, resulting in the reduction of 14 PM resources
Results
Reduced costs by 32% across the production network
Reduced working capital by 20%
Enabled real-time end-to-end operations performance tracking through dashboards
Redesigned Project Management (PM) and Design and Engineering functions, resulting in the reduction of 14 PM resources
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