Industrial Components Quote-to-Cash

Led Quote-to-Cash process definition and documentation

Situation:
A global provider of fasteners and components acquired a smaller components distributor and identified deficits in their process definition and documentation. The combined organization turned to Kormac for support.

Actions:

  • Standardized and documented the “one best way” for all key functional processes across Sales, Accounting, Purchasing, Warehouse, and Imports
  • Mapped entire Quote-to-Cash process
  • Developed Standard Operating Procedures for key roles
  • Revealed operational improvement opportunities
  • Collaborated with the entire client organization: one-third of employees participated directly and trained the other two-thirds in the new processes
  • Defined new KPIs and dashboards and shared the new approach on the employee intranet

Results: Delivered dynamic operational and financial tools for post-acquisition clarity and efficiency: 40 Process Maps, 35 Standard Operating Procedures, and 51 Work Instructions.

Kormac Results: The new toolset was met with rave reviews from employees across the organization. "Now we have actual processes to follow!" "These are like a contract with my team." "This saves me so much time and takes away the frustration!" "Thank you! We desperately needed this!" "After this documentation, everything is simple to do."