Case Study

Remediation and Improvement Roadmap for a $75M Medical Instruments Company

"Conducted a holistic analysis of a recently acquired business to identify and prioritize next steps to prepare the company for rapid growth"

Industry
Services Performed

Situation

  • The company was planning to re-engineer the supply chain and expand the product portfolio through a series of “tuck-in” acquisitions
  • The equity sponsors and management needed a “roadmap” of improvement areas and critical stabilization points to prepare for expansion
  • Concurrently, the organization was in the midst of hiring and integrating a new leadership team with the population of long-tenured employees
  • Immature record-to-report processes contributed to uncertainty regarding results of the business
  • A significant amount of paper-only records existed as a result of historical underinvestment in IT

Bespoke Solutions

  • Strategized with the incoming leadership to prioritize the largest areas of concern and potential critical breakpoints
  • Interviewed team members across key financial, operational, and administrative functions to understand pain points and map an interconnected organization
  • Identified and captured quick win – established process for management of Delegation of Authority
  • Documented IT Maturity assessment to prioritize key focus areas and identify where IT systems could and could not adequately support planned growth

Leading With Results

  • Provided a roadmap for future improvements and critical path items across the organization
  • Prioritized investment priorities for the organization as it prepared for immediate expansion
  • Refined the investment realization timeline for the equity sponsors for the investment and growth trajectory
Case studies and expertise may represent projects and engagements performed by SLKone team members prior to their employment at SLKone
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