Restructuring of the HR department as interim personnel manager
A recent report on the deployment of an interim HR manager at an international group of companies in the special machine construction sector.
A recent report on the deployment of an interim HR manager at an international group of companies in the special machine construction sector.
The company is a manufacturer of electrotechnical equipment for the process industry. In addition to devices, system solutions are also sold via globally active sales companies.
The company is a manufacturer of electrotechnical equipment for the process industry. In addition to devices, system solutions are also sold via globally active sales companies.
As a leading international manufacturer of commercial vehicles with an annual turnover of around 2.5 billion euros and over 5,500 employees, the company was faced with the challenge of managing over 5,000 different drawing parts with an annual purchasing volume of around 15 million euros.
A global economic crisis led to a significant slump in sales, particularly due to the strong dependence on the automotive industry. Without a dedicated sales manager and clear sales structures, the company faced a major challenge….
As part of this mandate, an experienced interim CFO was deployed in an international engineering group to realign the finance function to a proactive business partner role. The main objective was to take the lead of the finance function, build a top finance team, develop the finance department to financial excellence, optimize financing, build a powerful finance structure and ensure transparency along the key value drivers.
Producing company
Two locations
International Group
One site of an international group had come under enormous pressure in terms of price and cost situation. The competitive situation necessitated a completely new set-up of the blueprint of the plants at the sites.
Mechanical Engineering
Germany
100 mio.€ turnover
Operational and financial turnaround of the company as restructuring manager, expansion of international sales, stabilization and expansion of business development.