Maintaining and regaining liquidity is key
Developing and communicating a convincing master plan for the way forward is crucial to gain buy-in from stakeholders and to avoid brain-drain. Examples of our extensive experience in the field are turning around a company successfully that suffered from a revenue drop of more than 40% (due to insolvency of the key customer at the time and the parent company was reluctant continue the financial support). In another case, an automotive tier 1 supplier was heavily dependent on one high-scale project of one OEM-customer. As this project did not materialize and due to consecutive failures, the investor was not prepared to continue funding for urgently required production materials. Dedicated negotiation support on various ends help to stabilize the situation within few weeks, while convincing essential knowledgeable employees to support the plan.
Liquidity Protection Services
“Cash is King!”
The significance of this statement is particularly evident for medium-sized companies in times of crisis.
Example Recovery & Restructuring
Company size > €100 million sales p.a.
Recovery after breakdown of delivery capability (SCM)
Services
Crisis management after production break-down, Restructuring, Organizational redesign
Activities
Crisis intervention with short-term stabilization after an error in a large ERP project led to the interruption of logistics, product development and significant impairment in sales.
Realignment / restructuring of the units involved, process streamlining, lean-agile optimization of the organization
Result
90% recovery within three weeks.
Realignment of affected departments to double the delivery sequence (in the direction of fast fashion).