The company was facing increasing labor and material costs and had developed a strategic model in which manufacturing capabilities were to be moved overseas. Covid-19 brought new challenges and opportunities beginning in March 2019. The company was experiencing a manufacturing demand increase by 100 percent. Due to their inability to meet that demand they were facing the possibility of losing significant shelf-space with retailers. DB&A not only helped the client meet the growing demand and maintain their relationship with retailers, but also reduced the need to move the majority of manufacturing overseas.
Our client is the manufacturer of unique tooling for the do-it-yourself woodworker. They are headquartered in a small town in the Midwest and employ over 200 people. They realized their capacity for meeting the rising demand was suboptimal and they were struggling to meet the new volume requirements at the right cost structure to maintain profitable margins. They knew they needed help in quickly implementing change.
DB&A Analysis Financial Proposal
Actual Financial Results