Company reorganization to increase overall company efficiency and profitability
Manager:
Dr.J. P. F.
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Customer:
Confidential
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Role:
General Manager
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Location:
China
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Turnover:
30 Mio. Euros
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Time frame:
13 months
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No. of employees:
250
About the Customer
Customer (confidential) in Munich Germany, worldwide more than 11.000 employees in 32 countries. Approx. 2.1 Mrd. Euro turnover. Nr. 1 company worldwide in banknote processing and security technology. Main customers are national banks but also renowned commercial banks. (confidential) is the largest national bank worldwide with more than 130.000 employees.
Testimonial from Сustomer
fully satisfied (see testimonial).
Citation: “The way of working of Mr. JPF is characterized by holistic entrepreneurial thinking, high methodological competence, initiative and systematics. Due to his broad experience, Mr. JPF made significant contributions in all areas of the company.
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Situation (Challenge)
The Joint Venture was originally dedicated to serve the China market only. The shareholder’s longterm intention was to internationalize the scope of business with customized automation projects. (confidential) should therefore undergo a restructuring in order to increase the overall company efficiency.
Solution (Achievement)
Introduction of KAIZEN as an overall efficiency increase methodology; introduced “project management” including preventive risk – management based on FMEA analysis to manage customized projects with a project volume between 1 to 10 Mio. Euro; introduced 6s quality management to increase the quality standard. Introduced pro – active cash management to increase liquidity level.