STEP 2: Operational Review

STEP 2: Operational Review

After our initial audit we will have broadly identified various area where profit can be maximised and costs reduced. The next step will be to drill down and examine current systems, practices, procedures as well as team dynamics and marketing frameworks. This involves:

  • Formal interviews with key management
  • Interviews with purchasing / buying personnel
  • Interviews with human resource personnel
  • Interviews with marketing departments
  • Review of all current suppliers & vendors
  • Analysis of spending vs revenue generation
  • Benchmarking with industry & competitors
  • Review of supply chain & procurement practices
  • Projection of total profit maximisation over 2-3 years
2018-07-05T11:41:46+00:00