Chris Carey Advisors builds The Control Panel based on five formal steps:
Performance Measurements
Almost every function within a business can be broken down into tasks and units of production. For very good reason, however, business owners often find it difficult to take an unbiased view to accurately assess the workings of their own operation. Chris Carey Advisors determines metrics that precisely quantify and track performance and productivity.
Daily Forecasting
What does the company need to deliver tomorrow to satisfy its customers? What is the order or unit volume for each client? Chris Carey Advisors analyzes these micro-level parameters to develop consistent forecasts and exact amounts needed for labor and materials on a daily and weekly basis to meet production requirements.
Customer Profitability
Chris Carey Advisors uses these performance measurements to determine long-term client forecasts and gross profit contribution. The team then applies estimates of fixed costs to support the customer, creating a first-ever accurate estimate of client contribution. Are all customers profitable, or are some costing the company money? These answers determine actions to improve customer profitability for the duration of the contract or a long-term relationship.
Business Unit Forecasting
Building on customer profitability, Chris Carey Advisors develops a budget and earnings forecast for each business unit, office, or region of the company. This allows leadership to hold business unit managers accountable to an accurate forecast.
Estimating and Pricing
The final step is to scrutinize pricing: Is the company charging correctly for products and services? Equipped with accurate cost estimates and in partnership with management, Chris Carey Advisors develops precise pricing strategies—by customer, by product type and by facility. Chris Carey Advisors then works with clients to develop pricing scenarios that yield the greatest net operating profit to the enterprise.
Control Panel
The Control Panel
Chris Carey Advisors builds The Control Panel based on five formal steps:
Performance Measurements
Almost every function within a business can be broken down into tasks and units of production. For very good reason, however, business owners often find it difficult to take an unbiased view to accurately assess the workings of their own operation. Chris Carey Advisors determines metrics that precisely quantify and track performance and productivity.
Daily Forecasting
What does the company need to deliver tomorrow to satisfy its customers? What is the order or unit volume for each client? Chris Carey Advisors analyzes these micro-level parameters to develop consistent forecasts and exact amounts needed for labor and materials on a daily and weekly basis to meet production requirements.
Customer Profitability
Chris Carey Advisors uses these performance measurements to determine long-term client forecasts and gross profit contribution. The team then applies estimates of fixed costs to support the customer, creating a first-ever accurate estimate of client contribution. Are all customers profitable, or are some costing the company money? These answers determine actions to improve customer profitability for the duration of the contract or a long-term relationship.
Business Unit Forecasting
Building on customer profitability, Chris Carey Advisors develops a budget and earnings forecast for each business unit, office, or region of the company. This allows leadership to hold business unit managers accountable to an accurate forecast.
Estimating and Pricing
The final step is to scrutinize pricing: Is the company charging correctly for products and services? Equipped with accurate cost estimates and in partnership with management, Chris Carey Advisors develops precise pricing strategies—by customer, by product type and by facility. Chris Carey Advisors then works with clients to develop pricing scenarios that yield the greatest net operating profit to the enterprise.