Aeronautics
Cash Performance Turnaround at Latecoère
Latecoère provides doors and fuselages to major aircraft manufacturers. Its financial situation is critical: high debt and low cash reserves.
Our mission
- Definition of Targer Stock Parameters: Safety, lot sizes, cycles.
- Questioning the practices of ERP usage.
- Structuring management: roles, objectives, decision support tools, dashboards.
- Training and coaching of purchasers and buyers.
Results achieved
- €26M in supplier order book reduction, from €145M to €119M.
- €14M in inventory and work-in-progress, resulting in a savings of €1.4M/year (ROI < 4 months).
Customer quotes
At the heart of our reconfiguration plan, the consultants helped us significantly reduce our inventory values, thereby allowing us to generate net cash flows.