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Examples of Advisory Assistance |
Cornerstone's
advice and support has enabled clients to:
- Conduct
market segmentation studies enabling product line streamlining, inventory
reductions, and targeted new products development.
- Formulate
and implement a business diversification strategy for penetrating industrial
market.
- Redefine
company's entire product line, resulting in a market share rise from
4% to 16% in 2 yrs.
- Develop
and implement a new organization model that better aligned company resources
with its fundamental charter, mission, and operating goals.
- Restructure
family business into two business units thereby enabling an ownership
transition while increasing sales 65%, net income 150%.
- Restructure
pricing, discounting and sales policies to establish a new distribution
network.
- Establish
an enterprise-wide continuous improvement program focused on achieving
specific customer/shareholder value goals. Year-over-year 5% productivity
increases were achieved.
- Achieve
45% inventory reduction using Lean principles, just-in-time process
design, and supply chain management partnering concepts.
- Develop
sales forecasting and business planning model to improve capacity planning
and plant loading.
- Achieved
16 % reduction in staffing costs by refocusing the organization's work
on core, value-added activities.
- Transition
from a hierarchal management structure to one based on process management
and team accountability.
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