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Case Study in Financial Services – Cash Management, Treasury Function

    Case Study in Financial Services – Cash Management, Treasury Function

    Case StudySituation Analysis: The cash desk of a Fortune 50 company processed 1,000 cash transfers per day and approximately $170B per year to its customers and vendors. Improperly executed wire transfers resulted in problems for the company and its customers. One such misstep was significant enough to get the attention of senior management. A team was assigned to correct these issues, and upon review, the team found:

    • No clearly defined processes
    • Low morale affected all team members who felt not recognized despite their constant efforts
    • Outdated tools and absence of metrics

    Project Approach and Findings: The team had limited time and resources available to do it right first time. The team decided to focus on several key elements: Continue reading Case Study in Financial Services – Cash Management, Treasury Function

    Restructuring A Large Manufacturing And Distribution Operation

    Turn around and RestructuringIn today’s manufacturing world speed and focus are the driving forces behind successful businesses. In the majority of non-defense related industries, customers have a myriad of options to choose from and they are quick to make changes when their profitability suffers from a poor performing supplier. This is especially true in consumer based products where every category of product has multiple vendors located around the world. It might take a few months for a product cycle to move to a new vendor, but once the decision has been made, the cost of reentry is prohibitive on both the top and bottom line. For the vendor and its executive team, when customers are Continue reading Restructuring A Large Manufacturing And Distribution Operation

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