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DODO S.r.l.

Pordenone via G. B. Bertossi, 6 - 33170 - Italy
tel. +39 0434 1852041  |  fax +39 0434 1691252

info@dodosrl.it

2021 | Dodo srl | All rights reserved| Reg. Imp. PN- REA PN-81410         Tax Code and VAT No. 01497330934 | Share Capital 90,000.00 Euros paid in full

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Newco, Temporary management, general management and corporate reorganization

Context: Italian company located in Lombardy, manufacturer of water purification machines > €3 Mln, number of employees > 10.

 Problem 

  • Presence of industry experts with ten years of experience who decide to start their own business together with a parent company with a contact portfolio, without a reference manager with the function of General Management.
  • Need to identify an Asian partner to relocate part of the production.
  • Need to follow all phases of company formation, from the search for the production site to its equipment according to company needs.
  • Activation of banking relationships.
  • Activation of relationships with suppliers.
  • Coordination and management of department heads.
  • Lack of management control.
  • Need to introduce a new line with recovery of financial resources of over €2 Mln.


 Proposed solution 

  • Presence in the company of a Temporary Manager with general management functions for a period of 18/24 months.
  • Study and drafting of the company budget, broken down into sales budget, raw material purchase budget, personnel cost budget, investment budget.
  • Assistance to the Client in defining, developing, and managing typical activities during the start-up phase of a company.
  • For the production area:
  • For the purchasing area:
  • For the IT Information Technology area:
  • For the Sales area:
  • For the GM General Management:

 Timing 

2 years.

 Results achieved 

  • Started production activity.
  • Defined budget and three-year plan.
  • Defined organization and coordination of budget review meetings, in the budget revision process and preparation of the related revised budgets with related brief comments.
  • Implemented management control.
  • Defined reporting activity with the parent company.
  • Identified and defined the most suitable objectives to link the performance bonuses of managers and production staff.
  • Achieved €3 Mln turnover in two years.
  • Achieved positive EBITDA in 18 months, allowing the second fiscal year to close at break-even.
  • Activated banking relationships with a credit line of €800,000.00.
  • Obtained a non-repayable grant of €0.3 Mln.

  1. Search for the production site.
  2. Equipping the site according to company needs.
  3. Training activities for all staff.
  4. Training activities for staff.

  1. First contact with suppliers.
  2. Negotiation of the best purchase conditions both in terms of cost and payment.
  3. Computerization of procedures and minimization of paper support and archiving.

  1. Implementation of management software and implementation of Supply Chain integration procedures.
  2. Creation of the website.
  3. Implementation of CRM for customer management.

  1. Support to the sales management.
  2. Verification of achievement of target results.
  3. Constant verification of sales initiatives.

  1. Implementation of procedures for customer margin control.
  2. Reporting with the parent company.
  3. Organization and coordination of external and internal collaborators.
  4. Definition of the most suitable objectives to link the performance bonuses of managers and production staff.

DODO S.r.l.

Pordenone via G. B. Bertossi, 6 - 33170 - Italy
tel. +39 0434 1852041  |  fax +39 0434 1691252

info@dodosrl.it

2021 | Dodo srl | All rights reserved| Reg. Imp. PN- REA PN-81410         Tax Code and VAT No. 01497330934 | Share Capital 90,000.00 Euros paid in

Privacy Policy