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
Newco, Temporary management, general management and corporate reorganization
Context: Italian companies, located in Lombardy, that produce machines for water purification. Turnover > €3 Mln, number of employees > 10.
Problem
- Presence of sector experts with decades of experience who decide to go independent with a group leader who has a contact list but without a reference manager with General Management functions.
- Need to identify Asian partners where part of the production can be relocated.
- Need to follow all phases of company establishment, from the search for the production site to its supply according to company needs.
- Activation of banking relationships
- Activation of relationships with suppliers.
- Coordination and management of those responsible for company functions.
- Lack of management control.
- Need to introduce a new line with the recovery of financial means for more than €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 Materials Purchase Budget, Personnel Cost Budget, Investment Budget.
- Assistance to the Client in defining, developing and managing the typical activities in the start-up phase of a company.
- For production areas:
- For IT Information Technology areas:
- For 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 summary comments.
- Implemented management control.
- Defined reporting activity with the group leader.
- Identified and defined the most suitable objectives for assigning performance bonuses to managers and production employees.
- Achieved a turnover of €3 Mln in two years.
- Achieved positive gross operating margin in 18 months allowing the closing of the second fiscal year at par
- Activated banking relationships with credit lines of €800,000.00.
- Obtained non-repayable grants for €0.3 Mln.
- Search for production site.
- Supply of the site according to company needs.
- Training activities for all staff.
- Training activities specifically for employees.
- First contact with suppliers.
- Negotiation of purchase conditions better both in terms of cost and payment.
- Computerization of procedures and minimization of paper supports and archiving.
- Implementation of management program and implementation of Supply Chain integration procedures.
- Creation of the website.
- Implementation of CRM for customer management.
- Support to the commercial management.
- Verification of achievement of the result target.
- Constant verification of commercial initiatives.
- Implementation of procedures for customer margin control.
- Reporting with the group leader.
- Organization and coordination of external and internal collaborators.
- Definition of the most suitable objectives for assigning performance bonuses to managers and production employees.
DODO S.r.l.
Pordenon via G. B. Bertossi, 6 - 33170 - Italy
tel. +39 0434 1852041 | fax +39 0434 1691252
Vago di Lavagno - VERONA via N. Copernico, 44 - 37030 - Italy
tel. +39 045 4853209 | fax +39 045 5113386
info@dodosrl.it
2019 | Dodo srl | All rights reserved | Reg. Imp. PN- REA PN-81410 C.F.e P. IVA 01497330934 | Cap. Soc. 90,000.00 Euro i.v.