Almost no company will deny the current tight economical situation. A sharp decline in orders is jeopardising even sound companies that were profitable until recently. In order to overcome the crisis and to emerge from it stronger than before there is massive need for action.
By now most companies have started initiatives to stem the crisis. Often those measures are not well coordinated though, purely short-term and running the risk of drawing on the company´s substance. In order to emerge from the current crisis a sustainable restructuring process is necessary. We understand this as a quick adaptation of the company to the current conditions through a sustainable approach without losing the vision for a successful future.
Typical effects of project work in the areas of restructuring:
- Securing liquidity and survival
- Eliminating losses and adapting cost structure to the new framework requirements
- Returning to profitability and growth
candidus´ expertise
candidus supports companies designing and implementing a sustainable restructuring process. We develop solutions mainly regarding the following issues:
- Creating transparency via cash flow, P & L as well as through the balance situation
- Shaping up a scenario to review the potential based on facts (and for realistic budget adaptation)
- Setting up a daily pro rata liquidity management and a respective planning tool
- Supporting the raising of capital
- Holistic streamlining and optimisation of the (core) processes
- "Rightsizing“ and transition to flexible organisational structures
- Setting up and controlling a „suppliers´ fitness program“ in order to reduce the cost of material
- Developing and implementing a program for transition to flexible capacities
- Setting up and controlling a program to increase turnover and margin
- (Strategic) restructuring in the area of tension in between the new framework requirements
With our implementation-oriented consulting approach we make sure that the right priorities are being picked. From the beginning on we look after the solutions approached so they are being implemented in a pragmatic and sustainable way.
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Car component supplier:
Reducing manufacturing cost by 40% at a manufacturing facility of an M-DAX company -
Pigment manufacturer:
Saving of 30% by optimising the inventory management of an M-DAX company -
Electronic retaierl:
Supporting a medium-sized enterprise obtaining € 10 million debt capital, reduction in operating costs by >30% -
Producer of frozen foods:
Opening up an identified potential to an increase in turnover of about 10% through actively steering a sales campaign at a medium-sized company -
Chemical plant:
Reducing fixed costs by 20% through closing down a manufacturing unit and increase in profit by 30% after implementing a new pricing structure
