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.