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.