Consulting Services That Helped Intercontinental Parts, Inc.
- Increase Profitability
- Improve Operational Efficiency
- Enhance Employee Accountability
Dennis Austermeier’s Experience Working With American Management Services:
I would like to commend the work and efforts provided by your organization to Intercontinental Parts, Inc. and Chicago Express International, Inc. over the course of the last five months, and particularly the work of your senior consultant, Gary Musselman, and the group leader, Jack Kamhazi.
With the help of American Management Services, we have put in place key tools and processes to increase profitability, team performance, and establish employee accountability. Combined with the coaching we received; I have confidence we can continue to grow the business while increasing profitably.
Here are some of the key items that we have implemented:
- A weekly flash report was started to monitor key operating metrics allowing us to manage progress toward our targets.
- An eight-week cash forecasting process to plan and manage cash has been instrumental in planning my business cash flow.
- A model for new products, providing detailed costs and revenue.
- We completed a tracking method for labor rates, production costs and times, and overhead rates for the pricing of our products, improving profitability.
- We have implemented a Budget with variance analysis for expense reduction.
- We have evaluation tools to improve the accountability of our operations.
- A predetermined profit plan was completed with a clear focus on margin, expense, and net profit.
- A pay-for-performance plan was created as an incentive and reward for productive employees.
Once fully implemented and based on the assumptions, we expect this project to improve our bottom line by more than $1.95 million over the next three years. My expectations have been met in an effective and professional manner, and I will be happy to recommend American Management Services to any prospective client.
Best Regards,
- Dennis Austermeier, President
- Intercontinental Parts, Inc.
- Chicago Express International, Inc.
- (630) 860-5000
-
301 Frontier Way
Bensenville, IL 60106