Palladium's manufacturing team offers you applied expertise that will enable you to optimize performance.

To ensure competitive advantage and excel in the 21st Century, manufacturing companies must have timely access to trends and indicators in key operational and financial metrics. Only then can executives be certain that departments are all working from the same set of facts and decision-makers are able to determine the profitability of categories, departments, districts, and business units immediately. Furthermore, increased visibility enhances the management team's ability to determine their own performance against corporate objectives and strategy and drive accountability across their organization.

Our Manufacturing Team is made up of deep industry subject matter experts- both technical and functional. Palladium's Manufacturing professionals can help you manage tomorrow's performance today by leveraging world-class practices and technology expertise to deliver tangible, breakthrough results.

Palladium's influence within the manufacturing industry extends to every segment, including automotive and heavy manufacturing to consumer product manufacturing to high-tech.

Case Study: Manufacturer Turns to Palladium for Quick Win Tactics to Improve Financial Planning

A global leader in the design, sale, and manufacture of value-added, custom blow-molded plastic containers was experiencing significant issues with their financial planning processes and turned to Palladium for expertise.

Situation
Owned by a Venture Capital Fund, this organization faced intense scrutiny to accurately forecast near-term financial results. Corporate, business units and plants lacked consistency and standardization in budgeting and forecasting processes, as well as standardization of management reporting capability. Furthermore, the entire organization was suffering from data quality, integrity and availability issues due to architecture and integration constraints in their current applications.

Solution
The organization turned to Palladium to conduct a rapid current state assessment of the company’s budgeting, forecasting and reporting processes, including the underlying technology infrastructure. By interviewing key stakeholders across the organization to understand issues and uncover key business requirements, Palladium completed a gap assessment compared to industry leading practices.

Benefits
Partnering with Palladium for an initial assessment to understand root causes of their problems and develop “quick win” initiatives, prepared this organization for their upcoming fiscal budget cycle and their related financial forecasting needs. Palladium helped the company build a foundation for a far more robust budgeting and forecasting process by standardizing models, clarifying roles / responsibilities, and providing a disciplined calendar. The organization is benefiting from improved coordination and integration between demand, operational, production, and financial planning and has mobilized the organization to address core issues impacting forecasting variability. Furthermore, by establishing a Corporate Driver-Based Financial Model, the organization is providing realistic financial baseline and financial expectations by linking operational planning activities with financial planning results.