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Portfolio - Companies with Annual Revenues Greater than $100M, 2 of 17  Back Next

A Chemical Engineering and Manufacturing Company

Directive

The customer had purchased over $100,000 of equipment a year prior. It had been sitting in a closet not used.

They needed me to assess the equipment they had, determine if it would meet their requirements, and determine whether or not the equipment could still be used.

They also wanted me to get them up and running with the appropriate EDI system.

Remarks

I determined the equipment would conform to their needs and implemented the system with a software solution, migrating their existing EDI over to the new system. This effectively utilized their existing investment and saved them considerable additional costs in purchasing a new system.

Throughout the implementation, we transitioned from an old, antiquated system to the new robust system, immediately capturing orders not previously recognized or accepted.

In addition, they immediately recognized savings in Service Bureau fees that were purchased with the equipment and excessive for what they needed.

Results

A first year savings of about $500,000.

A 95% efficiency improvement and accuracy improved to nearly 100%.

ROI was less than 6 months.

 

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Created and Maintained by Ideal Business Innovations, Inc.   Last Modified: 05/07/2012