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Results include higher
profits, lower turnover,
better products, greater
agility |
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Results
Over the past two decades, the
Cottingame Company has effected some
startling transformations in
underperforming companies. These are
just a few examples of the results
we've achieved.
In a
convenience store group:
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Earnings moved from an
annualized loss rate of $1.3
million in the first fiscal year
to consistent earnings of $2-2.5
million in the five years that
extended through the balance of
the 23-year relationship.
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Turnover dropped from about 600%
to 20% in an organization using
largely part-time, unskilled
workers.
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Robbery losses dropped from about
$15,000/month to ZERO.
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Shrink dropped from around 4% of
sales to one-quarter percent.
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The major wholesale supplied
aligned its method of operation
and, as a result, gained enough
additional customers to
quadruple its total sales.
In a medical diagnostic laboratory:
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Volume rose from $3 million to
over $15 million over five
years.
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Net profits rose from around 7%
of sales to 24%.
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Output quality rose into the
98th percentile nationally.
In an electromechanical
manufacturing company:
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Sales doubled in less than one
year.
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Prototype costs decreased over
75%.
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Labor costs as a percentage of
sales dropped 60%.
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Production costs dropped over
20%.
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Internal rejection rates fell
from over 50% to less than one
percent.
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On-time deliveries were achieved
for the first time in over three
years.
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The
Cottingame Company, Inc. 5032 Matilda Street, Suite
218 Dallas TX 75206
Copyright 2008 The Cottingame Company, Inc. All
rights reserved. |
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