The professional team
members at Abakhan & Associates Inc., with combined
business experience of 80+ years, are knowledgeable in all aspects of
Corporate Reorganization.
Objectives
of a full organizational overview encompass an extensive review of
operations, overhead and direct expenses.
Our
team members work closely with financial and sales departments to
identify areas of possible cost reduction, duplication of
administrative effort and product line profitability.
The
review is intended to address significant business issues.
It is not intended to be limited by function or restricted to
any particular part of the business.
Phase I
The
project team makes recommendations and suggestions as necessary to
measure product line profitability and develop strategies to ensure
lines are profitable or the elimination of unprofitable lines.
The project team identifies cost reductions and systems and management
improvements that will contribute to a positive bottom line.
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We
examine existing improvement/cost reduction programs or reports
for applicability to the project.
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We
examine the existing budgetary process and effectiveness and
importance of same.
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We
review the management and personnel structure, the
responsibilities of all profit/cost centres and the personnel
therein and make recommendations.
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We
identify both medium and long-term operational inefficiencies and
improvements and prioritize by immediacy and payback.
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We
identify secondary areas of possible improvements.
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We
review the capital budget expenditure system and the cost benefit
analysis and approvals pertaining to same.
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As
findings emerge and recommendations are agreed to be implemented,
we review progress with the Directors.
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We
review current cost/profit centres and possible other cost/profit
centres and determine appropriateness of same.
Phase II
Our
team members assist in implementation of recommendations and monitor
the implementation.
Our
mission is to provide SOLUTIONS
for those clients and stakeholders in our engagements. |