Quatro Electronics Ltd
We selected an Interim Manager supplied by Aster Interim states Tom Barnard, MD of Quatro Electronics Ltd.
The Interim Manager was tasked with focussing on a small number of deliverables. These were to improve material control, manage the engineering change process, improve the factory layout and define staff roles and responsibilities. The work completed had a positive effect on the business almost straight away. We reduced the backlog of overdue orders, improved our turnaround rate for product upgrades, significantly improved our stock accuracy and the factory became ‘visitor ready’ at all times.
The changes made then allowed us to implement stage two of our business development plan which was to outsource some of the long established products in order to create the in-house manufacturing capacity for the new products we were planning to launch in 2013. Our Interim Production Director managed the outsourcing process and developed a formal process for us so we could repeat this activity in the future if required. The results were impressive with significant cost reductions being achieved which in turn increased our gross margin.
With many of our processes now improved, a very healthy order book in front of us and capacity available to launch new products we have now been able to afford to appoint a permanent Production Director. I would thoroughly recommend using an Interim Manager to other SMEs to help bring about change“.