Tag: profitability

Cost Management
Rebalancing the margin tug-of-war

As the labor and supply cost rollercoaster continues, we are working with several clients to identify new management levers. Among them: Increasing the frequency of cost reviews to ensure faster customer price adjustments and/or tying customer pricing to component market indices Executing Value Analysis and Value Engineering efforts to drive...

Choosing the Best Path Forward
Evaluating Options for Underperforming Organizations

Inside most companies – no matter how successful – are underperforming units or subsidiaries. When ignored, these underperformers cost more than just money – they consume resources better invested elsewhere. For one recent automotive aftermarket client, Kormac analyzed an underperforming business unit contributing only 3% of company revenue. The unit...