Life Science Manufacturer Performance Management & Post Merger
Client Context
A Life Science manufacturer acquired a mid-sized company to establish a low-cost facility for R&D and manufacturing.
Following the acquisition, the client identified a significant gap in productivity and best practices between the parent company and the newly acquired facility. Before proceeding with volume and technology transfers, the client’s strategy focused on narrowing the performance management gap to ensure operational efficiency.
Key Challenges
- Disparities in operational performance between the parent and acquired company.
- Lack of structured performance management, impacting productivity and financial results.
- Need to establish a culture of accountability and continuous improvement.
Approach & Key Success Factors
EFESO applied its proprietary methodology for managing operational and financial performance, leveraging MRP2 and MIOSTM frameworks.
1. Performance Management & Alignment
- Aligned management at all levels by ensuring transparency in priorities, initiatives, and milestones.
- Created greater accountability for gross margin performance across the facility.
2. Data-Driven Operational Excellence
- Implemented a performance management system with aggressive performance targets and insightful metrics.
- Established rigorous goal-oriented follow-up processes to drive execution and sustain improvements.
Results
17% increase
In productivity
25%
Reduction in inventory levels.
Established
A sustainable continuous improvement culture.