This client was into the manufacturing of aluminum cans and was suffering losses due to pricing issues, lack of clarity on the financial position of the company
Problems Identified:
- No MIS reports
- Lack of ambition to grow the business beyond a certain level
- Pricing to the customer
| Solution Implemented:
· MIS reports implemented which showed clearly the position of the company · Pricing of the product-line vs the pricing which the management assumed · Pushing the management to achieve break-even in their business · Planning aggressively for the future |
| Result:
After few months the company was able to achieve breakeven with increased production. For the financial year 2019-20, the company is on track to double the revenue and profitability targets |