Plant Floor Turnarounds: How to Boost Throughput and Cash Flow in 90 Days
Zoom Meeting Visit Website
Thursday, January 18, 2024
12:00 PM - 1:00 PM
Eastern Standard Time
Featuring panelist Kobus Van Der Zel with moderator Mike Boudreau
Companies break ABL covenants for only one reason - they do not produce enough cash with the assets they have. These assets include inventory, AR, machines, equipment, people, facilities and lots more. Often the covenant breach is triggered by a specific event, an acquisition or investment, but the root causes are always the same.
Healthy and under-performing companies can boost their cash flows by applying one lean concept at the right place. The inherent simplicity of this approach allows for remarkably large and fast cash flow changes.
In this event we will show:
- How to identify your cash flow leverage point for each group of assets (inventory, people, machines, etc.)
- How to calculate your 90 day cash flow potential in 48 hours
- What are the main elements of the plan to release the hidden cash flow in your business.
Kobus has practiced this approach by only charging 10% of the cash flow difference made for his clients since 1999. He won the TMAs large transaction of the year award for rescuing a Nasdaq listed company, and his book, The Forces of Progress, explains a new way for a company and its people to work together to realize their full potential.