Food-processing SME
« Fostering development »
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Initial Status
- Despite the turnover growth in 2012 and 2013 (+10% in 2 years), the company's results have not increased. The labor costs are high, representing in 2013 more than 3.6M€, that is 48% of the turnover.
- The growth and contribution to the global turnover vary depending on the type of products.
- The operational performance gab between the different points of sale is wide and the quality of management is very heterogenous.
- There are few performance indicators for production and selling points.
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Project objectives
- Increasing turnover by 10% at constant labor costs.
- Improving customer satisfaction.
- Implementing a control framework (based on KPI).
- Finding the most appropriate governance structure for the company.
- Reducing the financial risks and financially fostering the company's development.
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Actions taken
Implementation of 5 workstreams to achieve the project objectives
A - « Boosting the sales » workstream: identifying good practices, strengthening data reliability and increasing orders, while supporting change.
B - « Finance » workstream: financial follow-up (tool) and cost price (data analysis and creation of recipe cards).
C - « Shop and offer marketing » workstream: pricing strategy (benchmarking, prices analysis and adaptation), rationalization of the range of products and review of the commercial offer.
D - « Organization and HR » workstream: developing an adequate HR process, reshaping the organization of the shops and supporting recruitment.
E - « Corporate Identity & Communication » workstream: implementation of a new Corporate Identity.
Gains obtenus
Quantitative gains
- Increasing the turnover by 13.6% compared to the 2013 baseline turnover (the 10% objective was reached in March 2015 and later outdone).
Qualitative gains
- Enhancement of the customer experience.
- Modernization of the brand image.
- Alignment of the prices with those of the market.
- Data reliability.
- Governance structure.
- Settling and reinforcement of the HR management.