Food-processing SME

Fostering development

Food-processing SME

« Fostering development »

  • 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.
  • 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.
  • 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.