Organizing Business to Maximize Value Today and Tomorrow
-- Through Profit Protection
When managing in uncertain times what can you do to protect your company's profit?
To maximize the value derived from operations you must first understand the organization is truly a living breathing organism. Like any animal, the internal operations need to be tuned for maximum performance. An athlete training for the next Olympics realizes what he/she does now dramatically affects his or her ability to compete. Prorizon's Procurement Partnering Program
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Rethinking Opportunities:
Years ago, the CFO for a major cell phone manufacturer had recently completed a significant business optimization project, which included a new procurement system. Over the following year, the project positioned the company to gather millions of dollars in terms of expense reduction and better purchase management to maximize volume discounts.
The next year the board, impressed with the CFO's prior results, asked "what's next." A little perplexed but undaunted, he began a project debriefing process with his direct reports. They began interviewing the employees to gain feedback about the business optimization project. To his surprise the users complained the procurement process was too time consuming; too many steps and too complicated.
At the next meeting the CFO had the answer. He told the board, "Simplicity" is the answer and he went to work on Phase II. By taking out the unnecessary process steps he made procurement uncomplicated. The through-put and end-user satisfaction dramatically increased. The re-design also increased user adoption driving significantly more hard and soft cost savings.
Here's the question Prorizon asks, "Wouldn't it be simpler and more cost-effective to accomplish both Phase I and II results on the first pass?" Prorizon helps you manage the animal better and deliver Profit Protection! Using our BPM and SaaS approach it can be done domestically and/or internationally with blazing speed at less than 25% of the cost of many ERP and in-house solutions.
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