Case Study: a injection molding manufacturer boosts valuation and profitability with Elliott Davis

Injection Molding Manufacturer boosts sales 20% and valuation 25% with Elliott Davis

An injection molding manufacturer faced operational challenges that hindered its potential sale, struggling with meeting demand, high costs, and poor cash management. The owner engaged Elliott Davis to clean up operations and improve the company's valuation for a strategic buyer.

Elliott Davis broke the project into five work streams using DMAIC principles, which included implementing new KPIs, transforming the sales strategy with a CRM, maximizing throughput, reducing scrap, and optimizing human capital. The results were significant: a 20% sales increase, 15% higher throughput, $525K in annualized scrap savings, a 21% reduction in labor spend, and 50% lower turnover. Elliott Davis's work ultimately increased the company's valuation by 25% and resulted in a profitable sale.