Inglewood Provides Transformational Guidance to Custom Roll Former
This profitable custom roll former had grown significantly over the years; however, it was quickly outgrowing its very entrepreneurial approach to business. Inglewood was engaged to provide strategic consulting advice, as well as to perform a Value Maximization Assessment.
In the Value Maximization Assessment, a multi-disciplined Inglewood team identified ways to improve the profitability, and therefore the value, of the business. Having provided a substantial number of recommendations to the Board, Inglewood was then engaged to help implement those recommendations. Sales have grown 24% since Inglewood first become involved with the company, scrap has been reduced by 25% and set up time has been reduced by 40%. Simply put, the implementation of those recommendations resulted in a transformational change of the company and the way that it did business. So much so that the Board nominated an Inglewood professional to become the company's CEO.
Since then, the company has implemented a new Customer Relationship Management (CRM) system, is commencing an ERP requirements study, was able to produce its first part at the new Southwest facility only three months after Board approval, and has experienced a continued uptick in sales.
Additionally, Inglewood has provided the company strategic consulting advice regarding an offer that had been made for the company. Inglewood demonstrated that given the expected growth trajectory and the capabilities of the management team, the best approach for the company would be to hold for growth.
The company has a workforce of 130 employees at its three facilities.