- Engagement Type: Advisory, Operational Turnaround, Fractional CFO
- Industry: Distribution
A family run business that was losing money each of the past three years and did not have the managerial experience to fix.
Morgan Hill operators created a plan and executed on the following:
- Implemented a new business system
- Redesigned the processes within the entire company
- Consolidated responsibilities; reduced headcount by 40%
- Implemented PEO strategy
- Negotiated and bought out of the union
- Implemented a leasing program for trucks and drivers
- Reworked commission programs
- Reorganized the warehouse for efficient operations
The Company has operated profitably since the changes and has survived the worst of the recession.
About Morgan Hill
MHP was founded on the principle that deep industry knowledge, pragmatic operating expertise, and a unique playbook produce superior results. We create strategies and deliver operational support, aligning with stakeholders to achieve objectives. Honed at hundreds of technology companies, our innovative, capital efficient Operators as a Service model is battle-tested and, quite simply, works.