Opportunity Assessment

Identifying and quantifying the scale of opportunity is a key foundation for implementing changes to unlock profit improvement in your business.

Our highly engaging approach is coupled with data analytics to quantify the opportunity and underpin the required changes to drive business improvement.

We use a number of techniques to support our quantification methods:-

  • Day In The Life Of (DILO) studies
  • Line Studies
  • Mass Balances
  • Structured Interviews

Typical benefits we have helped clients identify:-

  • 15-20% productivity improvements
  • 5-10% reduction in material waste
  • 10-20% working capital improvements
  • 10-15% improvement in debtor days

We deploy a tried-and-tested approach to engage with you and your teams to help you identify the opportunity that exists within your business.

Our approach centres on engaging with all stakeholders to understand the current state, building a picture of the opportunities as seen by the people closest to the action (your teams) and collating this into a collective view of the future state with a supporting plan to achieve it.

Summary

Duration: 3-4 weeks
Team: 1-3 People
Location: On-site
Enablers:
• Clear internal communication
• Engagement from all stakeholders
• Access to appropriate data
Deliverables:
• List of financial opportunities
• Implementation plan

“Thorough, detailed and compelling work delivered in a highly engaging and positive fashion; the best consultancy work the business has commissioned in my time at McBride.”

Richard Armitage, Chief Finance Officer - Robert McBride Plc

"The Libra team looked at our business from field to shelf to help us streamline our processes and drive out every unnecessary pound."

Bernard Cornibert, CEO - Winfresh

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