Case Study

Life Science Manufacturer - Performance Management & Post Merger

Situation

  • Client acquired mid-sized company to gain low-cost facility – target location for R&D and manufacturing
  • Productivity and best practices gap between parent and acquired company
  • Client strategy focused on narrowing the performance gap before volume and technology transfer

Actions

  • Used proprietary methodology for managing operational and financial performance – MRP2 and MIOSTM
  • Aligned management at all levels with transparency of priorities, initiatives and milestones.
  • Created increased accountability for gross margin across the facility
  • Implemented performance management with aggressive performance targets, insightful metrics, and rigorous goal-oriented follow-up

Results

  • Increased productivity by 17%
  • Reduced inventory by 25%
  • Created a sustainable continuous improvement culture
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Argo, Inc is a global operations consulting company dedicated to implementing lasting performance improvements with offices in Chicago (US), Germany and Canada and an active presence in more than 20 countries. Specialties include: Lean Transformation, Six Sigma, Kaizen, Revenue Enhancement, Product & Process Innovation, Sales Effectiveness, Value Pricing, Supply Chain, Strategic Procurement, Network Optimization, Transportation & Logistics, Working Capital, VA/VE, Pre/Post Merger Integration, Training.