Success Stories
Jim Smith has enjoyed numerous
successes over the past years.
Although specific company names
must be
kept
confidential, the success stories
pull from
experience with Magna International,
Ernst and Young, The Marmon Group,
Leggett & Platt, and others.
Read about some typical success stories
in the
examples that follow.
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CFO Synergy, Inc. draws upon
over 30 years of Senior Qualified
real life
experience
to tackle your company's
financial
needs and challenges.
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A small $15 Million automotive parts and manufacturing company had over 20 years of profitable history in a quiet USA town. The products were relatively simple stamped steel parts that were welded with minimal automation and produced in relatively high volume. This small company turned from historic profit to monthly losses of about 5 percent of sales. Management was shocked, in disbelief and uncertain as to how to proceed to turn this trend around.
read more... |
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A $50 Million cable manufacturer had suffered for many years with zero or minimal profits. Corporate management had decided to close the facility but allowed a project team one last chance to develop and implement a turnaround plan. The team had 13 weeks to generate a viable and believable plan using product and customer profitability analysis, activity analysis and operations efficiency studies.
read more... |
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A $40 Million aluminum tube, extrusion company served all customers with requested customized products. The company slowly declined in profitability and, eventually, fell into a loss. A product and activity analysis identified an extremely efficient low cost manufacturer but one that was filled to capacity and losing money.
read more... |
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