RECOMMENDATIONS:
¥ Centralize
major business functions of IT, HR, Purchasing, and CRM system to recognize scale economies, drive down internal costs
and improve processes
¥ Establish
centralized data repository and investigate use of a Business Intelligence
tool
¥ Evaluate
Website for ease of use by Customers
¥ Increase
Intranet usage to facilitate better communication at all levels
¥ Reduce
unhealthy competition and focus instead on enhancing Synergies
¥ Revisit
Marketing and Promotional spending
¥ Investigate
means of enhancing Cross-Product sales Ð Customers may not know that
you provide Rentals, Lab, Testing Services, Consulting, etc.
¥ Examine/Re-negotiate
Supplier contracts for better terms
¥ Examine
Supply Chain efficiencies; e.g. Focus on reducing Freight charges and improving Freight Payment processes
¥ Seek
creative ways of keeping internal costs down without sacrificing value
¥ Investigate
contracting certain repetitive/low skill services if not already doing
Ð Examples: Maintenance, certain IT processes like
Operations, Payroll Processing,
Third-Party Freight Pay, etc.
¥ Improve
Administrative support to enable Employees better focus on their jobs
¥ Proactively
monitor for regulatory changes and alert customers (not vice versa)