Crisis Management
Customer – Tier 1 Supplier
- OT Reduction better than forecast within 2 weeks
- Inventory accuracy improvement from 72% to 96%
- Labor headcount reduction from 761 to 598
CASE STUDIES
Our Client’s Successes
Region Turnaround
Customer – European Tier 1 & Tier 2 Supplier
Area – All North American Region
Results
- Sustainable 6% EBIT improvement with North American results from break-even in one year to 6% EBIT the following year
- Created a cohesive and flexible regional team in a structure that created the correct blend of autonomy, teamwork and synergy
- After elimination of restructuring cost, payback for investment in Spectrum was four months
Problem
- Unacceptable profitability position in North America
- No American regional structure in place with all functions reporting back to EU
- No regional teamwork or synergy
Solution Approach
- Spectrum engaged in a North American top leadership position: This position reported to the CEO in Europe.
- Spectrum restructured the North American organization: This was accomplished in six months, multiple positions were eliminated, multiple positions and people were added to the organization.