{"id":63292,"date":"2022-03-04T12:55:47","date_gmt":"2022-03-04T11:55:47","guid":{"rendered":"https:\/\/www.fup-ag.com\/?page_id=13292"},"modified":"2022-04-01T12:05:34","modified_gmt":"2022-04-01T10:05:34","slug":"cash-flow-increase","status":"publish","type":"case-study","link":"https:\/\/www.fup-ag.com\/en\/case-studies\/cash-flow-increase\/","title":{"rendered":"Cash flow increase through cost reduction program"},"content":{"rendered":"<h2>Task<\/h2>\n<ul>\n<li>Increase cash flow for purchase price financing through cost reduction program<\/li>\n<li>Change management<\/li>\n<li>Restructuring<\/li>\n<li>Put Group site &#8220;on its own feet&#8221; (release from group contracts)<\/li>\n<\/ul>\n<h2>Industry\/ Function \/ Environment \/ Expert<\/h2>\n<ul>\n<li>Chemical industry<\/li>\n<li>Finance (operational &amp; strategic)<\/li>\n<li>Cash-Flow Increase<\/li>\n<\/ul>\n<ul>\n<li>A non-core division of a group was sold to a private investor who had leveraged the purchase. Covenants were not allowed to be breached<\/li>\n<li>Identification of possible conditions for a stand-alone SAP contract, negotiations with SAP supported by the group<\/li>\n<li>Review all existing insurances and, if possible, continue them at Group conditions (focus: generator\/BU insurance)<\/li>\n<li>Reduce costs by checking all cost items for reduction (personnel, group allocations, service contracts, IT costs)<\/li>\n<li>Reduce bureaucratic requirements (mostly Group-related)<\/li>\n<li>Simultaneous optimization of processes<\/li>\n<li>Negotiations with works council, employee communication<\/li>\n<\/ul>\n<ul>\n<li>Operation continued without interruption throughout the restructuring process<\/li>\n<li>Scrapping 1 of 2 generators (risk of failure)<\/li>\n<li>Elimination of about 20% of jobs<\/li>\n<li>Overall cost reduction of 30%<\/li>\n<\/ul>\n<ul>\n<li>Medium-sized chemical company with just under 1,000 employees at one site in Germany; originally affiliated with a major German corporation.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Task Increase cash flow for purchase price financing through cost reduction program Change management Restructuring Put Group site &#8220;on its own feet&#8221; (release from group contracts) Industry\/ Function \/ Environment \/ Expert Chemical industry Finance (operational &amp; strategic) Cash-Flow Increase A non-core division of a group was sold to a private investor who had leveraged [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":63295,"menu_order":0,"template":"","categories":[53404],"expertise":[53286,53322,53288,53292,53338,53299],"service":[],"industry":[53268,53233],"type-case-study":[],"class_list":["post-63292","case-study","type-case-study","status-publish","has-post-thumbnail","hentry","category-general","expertise-business-transformation-en","expertise-change-management","expertise-finance-en","expertise-reorganisation-turnaround","expertise-restructuring","expertise-restrukturierung","industry-it-logistics-other","industry-it-logistik-sonstige"],"_links":{"self":[{"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/case-study\/63292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/case-study"}],"about":[{"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/types\/case-study"}],"author":[{"embeddable":true,"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/users\/17"}],"version-history":[{"count":0,"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/case-study\/63292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/media\/63295"}],"wp:attachment":[{"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/media?parent=63292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/categories?post=63292"},{"taxonomy":"expertise","embeddable":true,"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/expertise?post=63292"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/service?post=63292"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/industry?post=63292"},{"taxonomy":"type-case-study","embeddable":true,"href":"https:\/\/www.fup-ag.com\/en\/wp-json\/wp\/v2\/type-case-study?post=63292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}