Firms are reluctant to invest cash and resources in companies that aren’t meeting financial expectations, so we created a way to slash cost 15% to 25% in labor-intensive operations with no out of pocket cash nor internal resources. Companies quickly improve their cash flow and shareholder value.
Understanding and having insight into a production process is important. That seems obvious, but many key processes are often without strong visibility or reporting. Recognizing the progress (or lack thereof) is important when scheduling orders, planning resources, or simply getting the product shipped on time.
What if you could find savings in your business by better understanding one of your largest costs. One of the first items nGROUP investigates is the true hourly cost of labor. Many companies have a cost line in the P&L, a labor report, or some calculated cost for their personnel. This often times lead to missed opportunities or misunderstood results.