Print Version

 

back

Financial Turnaround of a Pharmaceutical Manufacturing Facility

MNCG Consulting Assignment:

Two-year assignment leading the consulting team accountable for "Site Excellence", a large system change initiative concentrated on reengineering business processes, team building for the leadership team and creating cultural change in a 525-person pharmaceutical manufacturing site.

Business Challenge and Change Goals:

• Following the merger of two major pharmaceutical companies, this manufacturing facility was considered a low performer by the new Operations Leadership Team and a potential candidate for shut down.
• Site required a 20% reduction in annual recurring operating costs as well as process improvements in the areas of manufacturing, testing, and inventory management.

Change Consulting Solutions:

• Organized a change team of internal and external resources.
• Aligned site leadership and created a shared vision.
• Identified improvement opportunities.
• Mobilized employees to support changes, developed leadership communications, quantified benefits, designed changes, implemented changes, tracked benefits attainment.

Key Business Results:

• Guided 22 cross-functional teams that implemented process improvements resulting in an annual recurring savings of over $15 million.