Consulting Services That Helped Prisco’s Fine Foods
- Improve Operations
- Streamline Management and Staff Structure
- Enhance Marketing & Merchandising Efforts
Robert Prisco’s Experience Working With American Management Services:
It is always a pleasure to recommend quality service. We at Prisco Fine Food received that from your team of senior consultants, Moe Aubuchon, and the group manager, Herb Bachelder.
Over recent years our company has struggled with sales and profitability issues. We had felt we needed more options. But with the help of the American Management Services team, we have taken essential steps to turn things around. We have:
- Established and implemented purchase budgets which have dramatically enhanced our week-to-week cash flow and significantly improved our inventory position
- Defined realistic compensation levels for key positions so that we are now able to separate management and ownership compensation issues and operate our departments on par with our competitors
- Defined a critical Store Manager position and worked closely to train the incumbent to become a significant contributor to our success
- Assist us in developing and implementing a transition program for our current Meat Manager, a family member desperately seeking to retire.
- Focused our marketing and merchandising on recognizing the important role pricing plays for us and how we need to position ourselves in the face of significant competitive pressures
- Revitalized our advertising/circular program, resulting in significant savings in direct advertising costs as well as establishing a more focused and profitable promotional program for our store
- Developed a pay-for-performance system that will focus the attention of our employees on achievements that benefit our organization and reward them accordingly
- Set clear goals for revenue ($5.6 million) and pretax profits with our Predetermined Profits Plan ($236K)
Assuming that our personnel continues to implement the programs, we expect the work described above to yield incremental operating profit to our company of more than $600,000 over the next three years, a benefit far exceeding the program’s cost. American Management Services has met and exceeded our expectations, and I will happily recommend the services of your firm and your consulting team to any prospective client.
- Robert Prisco, President
- Prisco's Family Market
- (630) 264-9400
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1108 Prairie Street
Aurora, Illinois 60506