Project Overview
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Patriot Industrial Partners recently conducted an enterprise-wide business assessment for a private equity portfolio company’s multi-site machining and fabrication business. Primary objectives of the engagement covered:
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· Deep dive into the entire process from quoting through to final delivery
· Site assessment checklist of 14 unique functional business elements paired with a business maturity matrix.
· Comprehensive risk assessment and opportunity analysis.
· Machine and labor analysis, operational assessments, and gross margin review.
· Comparison of real-time machining and setup operations vs. MRP system standards.
· Comprehensive initiative matrix including projected benefits, complexity to implement, and a detailed outline of each initiative.
· Summary of all initiatives with a pro forma financial projection including costs and benefits associated with each.
The client received a detailed outline of the current state of their business and a comprehensive breakdown of specific actionable initiatives for each site. ​
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Business Assessment Process
Patriot deploys a structured approach when conducting a comprehensive business assessment. Patriot works with the management team and stakeholders to identify, analyze, and optimize all key functional areas and the entire value stream as a whole. By emphasizing both strengths and opportunities within the business, the team develops actionable improvement initiatives for high-risk processes in place. The client is then equipped with a detailed business assessment, executable improvement plan, and interactive financial model for business leaders to effectively strategize future business improvements.
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Next Steps
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Patriot Industrial Partners has completed 150+ projects globally in the service verticals of Value Creation, Performance Improvement, and Supply Chain Optimization. Business Assessments are part of our Value Creation vertical. If you would like to learn more about this service offering and discuss future partnership, please contact us.