The Urgent Need for Change and The Superior Path Forward
PRIORITY #3: ELIMINATE WASTEFUL SPENDING
As part of our plan to bring operational best-practices to Synalloy's manufacturing
facilities, we expect to be able to reduce duplicative support functions within
production processes
▪ Line-level network analysis will likely yield a bloated
managerial organization with too few line-level
employees to managers
■
Strategic plant footprint optimization can result in
greater leverage of back office functions
PRIVET
FUND
Shared services agreement has the potential to
dramatically reduce reporting burden on facility
managerial employees
-
This frees up plant managers to focus solely
on operational and service-level KPIs rather
than administrative work
Opportunity to scrutinize and dramatically improve
ROI from R&D spend
01. 02. 03. 04. 05.
Our Plan To
Strengthen Synalloy
UPG
STRONGER TOGETHER
We believe that we can reduce SG&A costs within the manufacturing footprint while
preserving (or improving) productivity among line-level employees
$2.4 million
in savings
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