HVAC EQUIPMENT MANUFACTURER

100 %
0 %
Information about HVAC EQUIPMENT MANUFACTURER
Business & Mgmt

Published on March 12, 2014

Author: paulf8000

Source: slideshare.net

Description

HVAC EQUIPMENT MANUFACTURER

HVAC MANUFACTURER TURNAROUND SUCCESSFUL RESTRUCTURING AND RETURN TO PROFITABILITY

REALITY Held by distressed assets fund Top heavy management team operating in silos 48 Months of Recurring Losses Losing $15,000,000 a year Weekly payroll high; Second shift not needed Need for Restructuring CEO not aware of costs No mechanism for commodity price adjustments Excess inventory

GAME PLAN Address core competencies Cut operating expenses Reassure employees, vendors, key clientele Manage commodity costs (metals, solder, e.g.) Reduce manufacturing workforce Draw down inventory Institute plant energy savings plan Modify work rules and break schedule to increase productivity Pass price increase on to trade (customers)

OWNERSHIP GROUP DYNAMICS Distressed fund Off the radar screen Poor financial controls Burning cash Span of control too high – too many levels of management and production Useless reports nobody reads Dashboard overload – needed to prioritize management analytics CEO a politician not a manager

OPERATIONAL CHALLENGES Workforce reduction of 28% Addressing senior team “Sacred cows” Improving commodity price sensitivities Improving quality Investing in R&D to gain market share from category leader

FINANCIAL IMPACT MAJOR CHANGES Reduction of $17,500,000 of overhead New work rules Product P&L moved from loss to positive margin Solidified trade relationships Increased price to recover profit More selective strategies and closer oversight of export markets

FINANCIAL IMPACT BEFORE: Losing $15,000,000 a year AFTER: Profit of $2,500,000 a year FINANCIAL STABILITY Company avoided bankruptcy Company secured investment enabling Satisfied subordination issues Company consistently profitable

Add a comment

Related presentations

Related pages

HVAC Equipment Manufacturers, Distributors & Exporters ...

HVAC Listings of Manufacturers, Exporters and Importers. ... JLH Industries - Supplier of HVAC Compressors, Valves/Actuators & Other HVAC Equipment
Read more

hvac equipment Manufacturers, hvac equipment Suppliers ...

hvac equipment, hvac equipment Manufacturers & Suppliers Directory - Find here hvac equipment Traders, hvac equipment Producers, hvac equipment Exporters ...
Read more

Hvac Equipment Manufacturers, Hvac Equipment Manufacturers ...

Hvac Equipment Manufacturers, Wholesale Various High Quality Hvac Equipment Manufacturers Products from Global Hvac Equipment Manufacturers Suppliers and ...
Read more

Category:HVAC manufacturing companies - Wikipedia, the ...

Pages in category "HVAC manufacturing companies" The following 76 pages are in this category, out of 76 total. This list may not reflect recent changes . ...
Read more

Technotech Airflow Systems - Manufacturer of HVAC ...

HVAC Equipment, Clean Room Equipment & Central Air Cooling System Manufacturer offered by Technotech Airflow Systems from Nagpur, Maharashtra, India
Read more

HVAC Directory: Air Conditioning Manufacturers

Find Air Conditioning Manufacturers. ... AAON, Inc. - Manufacturer of rooftop heating and cooling ...
Read more

Hvac Equipment Manufacturers | Suppliers of Hvac Equipment ...

manufacturers and suppliers of hvac equipment from around the world. Panjiva uses over 30 international data sources to help you find qualified vendors of ...
Read more

Dampers & Louvers - UAE

Dampers & Louvers - Manufacturer in Dubai UAE, Abu Dhabi, Sharjah Supply to Qatar, Oman, Kuwait, Bahrain, Saudi Arabia & Africa
Read more

HVAC Directory: HVAC Equipment Manufacturers

Find HVAC Equipment Manufacturers. ... AcoustiFLO - offers integrated air handling technology that reduces noise, controls vibration ...
Read more

HVAC Equipment Manufacturers - Italy by Ubiquick - issuu

HVAC Equipment Manufacturers - Italy. This register contains information about 1228 manufacturers of HVAC (heating, ventilation, air conditioning ...
Read more