Consolidating business operations
Passaretti, partner in Pw C's Private Company Services practice in New York City.
In advising this client, the Pw C team conducted a series of interviews with the leadership team and functional managers to assess the current state of the business and compared the financial and operational performance of the businesses to each other and to industry leading practices.
"Management identified some low-hanging fruit, and we were able to bring to the table some critical, broad-based thinking around what we've seen other consumer packaging companies do," said Passaretti.
Pw C assessed several different consolidation scenarios, developed the business case with one-time costs and run-rate savings, and identified risks and issues associated with each scenario.
Successfully merging and consolidating manufacturing operations into a unified entity can be a task of great magnitude and complexity.
Implementation is laden with risk, and the outcomes can vary between business growth and prosperity to the underachievement of organizational goals and potential cultural demise.
Is a business debt consolidation loan right for me?What are the downsides of business debt consolidation?As with all business financing solutions, there are pros and cons to debt consolidation.It is my hope that these lessons learned will help you to realize the synergistic benefits of an effectively consolidated operation.The first activity of rationalizing the merging operations can be thought of as the nuts and bolts.
Most medium and large organizations will have developed piecemeal B2B solutions over time.