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Case Study in the Spotlight

Practice Area: Operational Turnaround and Strategic Investor
Industry:
Children’s apparel and accessories design and manufacturing

Role: Financial and strategic advisor.   READ MORE

CORPORATE BROCHURE

To learn more about how Turning Point can help your firm, download our corporate brochure.

Many businesses face a crossroads where survival may hang in the balance. At these times, financial data reveals the most urgent issues. Our staff is expert at understanding the underlying problems and then implementing effective solutions.

We don’t just whiteboard the solution, we lead the charge to deliver immediate, measurable and enduring results for your business.

 

Root Cause Analysis

 

In order to accurately and effectively solve a problem, it’s imperative to understand the true cause of the problem. Great solutions that do not fit the problem result in poor outcomes.

 

We use a number of diagnostic tools to ensure we fully understand the problem. Building on this understanding, the root cause analysis process provides a systematic method for establishing where in the organization prevention can best be accomplished. This pinpoints what can be done in the action plan to gain immediate control over the internal system that produced the problem, and what steps are necessary to maintain control in the future.

 

 

Business Operations Scorecards

 

Our scorecard methodology enables the full company to have visibility and accountability to the most important key performance indicators (KPIs) for your business. This empowers your employees and reduces the burden on the CEO and Management team.

Our comprehensive methodology has been proven with dozens of successful implementations, and includes critical elements such as designing, grouping, and weighting and measuring the most important metrics.


The advantage of this is that it creates a strategy focused organization that is focused on reacting real time to drive improved results. This process pushes the accountability down through the organization to the individual level and empowers and holds accountable the employees that are performing the tasks.







 

 

Lean Engineering

 

Turning Point’s lean engineering team is focused on helping you create more value using fewer resources.

"Lean", is an operating practice that focuses reduction of effort and the reduction of expenditures for any goal other than the creation of value for the end customer. Working from the perspective of the customer who consumes a product or service, "value" is defined as any action or process that a customer would be willing to pay for.

We use lean & kaizen tools to align resources with outcomes and focus on transaction elimination so that your organization can do more with less. We focus primarily on light manufacturing and wholesaling facilities .

 

 

Inventory Reduction

 

In an environment where cash and credit are tighter than ever before, we help businesses find new levels of efficiency with their capital. We use proven MRP tools to manage what to buy, when to buy and how to buy. We combine this with supply chain management techniques that increase inventory turns and reduce working capital requirements.

 

 

Collections / Realization Rate Optimization

 

Helping our clients better utilize their assets, we implement of proven collection methods and improved Credit policies that increase Accounts Receivable realization and reduce the Day Sales Outstanding metric.

 

 

Overall Expense Management

 

Using proven toolsets and comprehensive databases, we analyze your business relative to industry comparables and your own unique differentiators. We identify the strengths that should be protected and developed, as well as weaknesses that must be addressed. In many cases, significant cost cutting measures must be implemented. Based on a long track record of experience, we take a thoughtful approach to this challenging problem. We maintain a clear focus on the long-term creation of shareholder value.

 

Top-Line Strategy

 

When top-line revenue is weak, it is often unclear if the solution path lies in sales, marketing, product, distribution, or elsewhere. We employ a strategic revenue analysis to identify the core questions such as “Who is the customer?” “Why do they buy?” and “What is our unique sustainable advantage?” By integrating this data with our financial anda operational data and insights, we are uniquely capable of assisting your management team in developing an effective and actionable plan to grow top-line revenue and the quality of that revenue.