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Is your business in trouble? Here are some common signs:

 

Financial:

  • Declining revenue and/or gross margins.
  • Stretched accounts payable.
  • Sustained losses, especially for more than 12 months.
  • Substantial back taxes.
  • Vendors require cash on delivery or cash in advance.
  • Inability to forecast performance.
  • Fatigue in customer or supplier relationship.

Operational:

  • Repeat concerns
  • Full inventory/high rework
  • Poor delivery performance.
  • Excessive inventory, especially in the work process.
  • Excessive material movement.
  • High employee turnover.
  • Customer mandated sorting or containment
  • High accident rate.
  • Management defensiveness.


If you are experiencing one or more of these signs in your organization, contact us for assistance.