Situation
Highly competitive environment had forced refocus of client’s operation into areas of competitive advantage. Key to this was the reporting cycle time and the management of inventory. Objective was to provide quality information in the shortest possible cycle time.
Our solution
Time spent in regional centers during the monthly closing process was measured via initial activity assessment. Key areas of ad hoc analysis, and off system ledgers (e.g. inter-company) were measured for two monthly cycles. Calendar adjustments for tasks and employee training were part of the solution.
