Cornerstone Consulting Blog

Has Downsizing in the Manufacturing Industry Impacted Your Career?

Jul 3, 2019 4:31:00 PM / by George McAfee posted in Insider

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Volatility in the Manufacturing Industry

We keep hearing that the economy is doing great, so why are so many manufacturers downsizing? Since the Great Recession, the industry has become accustomed to instability. We’ve seen reductions at multiple OEMs in 2019, and now we are beginning to see the downstream impact of these reductions on many Tier 1 manufacturers.

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Plastics Manufacturer Cuts Costs and Boosts Profits with CCO

Jun 18, 2019 7:43:00 AM / by George McAfee posted in Manufacturing

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Challenged with extreme quality and delivery issues, a plastics manufacturer retained Cornerstone to lead an aggressive operational recovery effort.

 

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How Resilient Is Your Business?

Jun 1, 2019 4:19:00 PM / by George McAfee posted in Manufacturing

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Business Cycles Happen.

The automotive and heavy-duty truck industries are certainly not exceptions to this rule. Don’t get caught off guard by adverse economic circumstances. Pay attention to these key factors to determine how well your business can tolerate an economic or market downturn:

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CCO Leads Auto Components Manufacturer to Excellence

May 20, 2019 7:37:00 PM / by George McAfee posted in Manufacturing

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Challenged with an accelerated consolidation and urgent need for synergies, an automobile components manufacturer relied on Cornerstone Consulting to lead them to excellence in safety, quality, cost, and delivery performance.

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Cornerstone Consulting Names Adam DeBoskey as Vice-President of Business Development

May 10, 2019 3:47:00 PM / by Bill Currence

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Cornerstone Consulting Organization recently appointed Mr. Adam DeBoskey to the role of Vice-President of Business Development. In this role, Adam will have primary responsibility for growing CCO’s consulting services business with both new and existing clients. Adam joins Cornerstone with more than 28 years of experience in sales, marketing, engineering, and operations in a wide variety of industries. 

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Rapid M&A Results for Private Equity

Apr 16, 2019 5:12:48 PM / by George McAfee posted in Consulting Services, Private Equity

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The Value of Due Diligence & Accelerated Integration

The Cornerstone Way is rooted in accountability, discipline, and execution. We have the depth and breadth of experience and the tools necessary to rapidly deploy strike teams and quickly assess M&A targets in terms of performance, alignment, and probability of long-term success. An integral part of our standard due diligence report is an assessment of expected synergies, including the complexity or investment involved in achieving them, their probability of success, and the value they would deliver. This is fundamental to the overall valuation of a transaction. We have delivered significant business value in many segments, including aftermarket distribution, high-touch retail, class 8 truck, consumer goods, government and defense, food/FDA, Tier 1 and 2, and automotive OEM.

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Managing Inventory Flow

Mar 20, 2019 11:09:00 AM / by Bill Currence posted in Manufacturing

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Controlling the flow of materials through your operation is key to maintaining a healthy bottom line. Your business is much like a bucket (inventory) with one faucet flowing in (raw materials) and another faucet flowing out (finished product) to customers. You want to control both faucets as much as possible to ensure your bucket never overflows or runs dry.

Need help? Want to get started now? 

LET'S TALK

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What's The Value of Building Your Operation’s Neural Network?

Mar 8, 2019 4:42:00 PM / by George McAfee

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Is your organization paralyzed? Have you lost connection with vital senses? Are you being surprised at the end of month by higher costs and lower margins? Perhaps your operation’s neural network is missing or not populated with the appropriate information.

Would you prefer to talk to us for help? 

LET'S TALK

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Are You Fat, FIT, Frail, or Finished?

Feb 21, 2019 4:19:00 PM / by Bill Currence posted in Management Services

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In many ways, your company is a living, breathing organism. Think of your product as the food that keeps your company going. This means that the key to being financially healthy is to have the appropriate amount of product at all times.

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How to Manage Your Material Flow

Feb 4, 2019 5:42:00 AM / by Bill Currence posted in Manufacturing

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Every business wants to be known for meeting customer needs because reliable companies foster loyal and happy clients. So, how do you keep your customers sufficiently supplied and happy? It’s all about right-sizing for maximum FITness.

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