Today, more than ever, “time is of the essence” in cost control. Rath & Strong’s Lean Profit Hunt℠ is a strategic business initiative designed to meet senior management’s imperatives for faster improvements in cost, quality, speed, and profit.
Lean Profit Hunt℠ addresses the specifics required in your organization for ramped-up cost reduction and profit improvement, encompassing the entire value stream. It is targeted, based on your company and your data. Practical not theoretical. It delivers results now, not later.
Lean Profit Hunt℠ may be deployed with dramatic result across the entire organization or to divisions or specific functions — from marketing to engineering to manufacturing to human resources. Lean Profit Hunt℠ typically delivers reductions in lead time of 50% and in cost of 25%–50%.
Getting It Done: Lean Profit Hunt℠ Assessment
In short order (from days to a few weeks) the Lean Profit Hunt℠ Assessment:
Identifies opportunities across the company, mapping out the value stream, processes, waste, and costs
Ranks and summarizes opportunities for rapid improvement
Quantifies the financial value of opportunities, prioritizes top cost reduction targets, and delineates future state metrics
Following the assessment, senior management understands the value, the economics, and exactly how rapidly results can flow through to the bottom line.
Fast Forward: Lean Profit Hunt℠ Implementation
We detail an implementation plan for the organization as part of the Lean Profit Hunt℠ engagement. We provide the consulting, project management, mentoring and training for implementation. We can either do it with you or do it for you. Whichever path you choose, we help you reduce costs while finding ways to deliver value to customers that competitors can’t match.
Rapid Improvement Results at a Realistic Investment
We are committed to delivering high returns on consulting dollars invested. Deeply experienced senior people work with you. And we deliver results fast. Our value proposition: We deliver world class consulting at a realistic cost.
We have demonstrated unique effectiveness with our comprehensive approach that works at clients ranging from financial institutions to pharmaceutical companies, from high-tech to packaged and industrial goods manufacturers, from telecoms to healthcare. Rath & Strong’s consulting engagements at companies worldwide include clients such as General Electric, Johnson & Johnson, Armstrong Industries, British Petroleum, Siemens, and Wyeth.
Long-looming economic pressures are forcing businesses to rethink their strategic goals, while cutting and controlling costs. Let Lean Profit Hunt℠ be your secret weapon. We get it done.
Rath & Strong’s work with Kodak started with a short assessment that immediately identified the scale of the opportunity. We worked with the Leadership Team to redirect their improvement efforts to deliver the competitive edge they needed, and left the organization fully self-sufficient to ensure ongoing improvements.
“The focus of the Lean Profit Hunt changed from having a handful of projects, to a more strategic approach, with support from consultants Rath & Strong. This proved much more successful, lifted the organisation and the programme began to take off …. Rath & Strong provided a rigorous approach and then reinforced the process by coaching and mentoring. We would not have had the same success we have had without them.”
