BUSINESS CONSULTING
BUSINESS OPTIMISATION | FUTURE PROOFING
Lithon Business Consulting specialises in business turnaround and optimisation. We work with SMEs to analyse all elements of the business and current challenges by mining data, identifying new revenue streams and equipping managers to move from crisis management to scenario planning.
In this way we enable our clients to futureproof their businesses – mitigating risks and delivering on projected growth and profit to stay ahead of changing market conditions.
Our dedicated Business Optimisation Consulting team offers the following strategic services:
SYNC Statistical Analysis
Our flagship business service.
This in-depth process provides a deep-dive statistical analysis of a business to identify underlying cost generators and inefficiencies. SYNC also quantifies these costs and provides a mathematical solution, which we then build into a tangible business plan for our client teams to cut waste and maximise value.
Process Analytics
Creating value through efficiency.
Process analytics involves the analysis of three critical business-wide flows of product, information and cash to identify inefficiencies that result in wasted time and money. Our Process Management teams focus on managing the value-creating processes, enabling their functional teams to do the right things at the right time.
Facility Analysis & Design
Making warehouses work smarter.
We view warehouses as machines. With the right technology and specialist insight, they can become the driving force behind a business’ success. By combining decades of experience with our broad knowledge of warehouse environments, we are able to design the optimum facility within a range of constraints.
Storage System & Handling / Fleet & Automation Analysis & Design
Blended solutions for optimum efficiency.
Our in-depth understanding of intralogistics and its impact on business enables us to determine the ideal material handling fleet to support optimal cost reduction and throughput velocities.
MHE engineers have designed a range of purpose-built and generalist machines to cater for all types of movements within a facility based on two principles. Firstly, the transport or movement of product. Secondly, the lifting and lowering of product. While these principles may seem obvious, the majority of fleets have expensive lift/lowering units doing the work of cheap transport units. This results in higher material handling costs per unit. In order to derive the overall best blended solution, we consider static, dynamic and automated technology solutions based on product and sales dynamics.
Inventory Analytics & Optimisation
Inventory with accuracy.
When it comes to inventory, accuracy is key. ERP systems and Omni-Channel Distribution can result in a myriad of inventory problems, particularly overstocking and margin erosion. We help our clients understand the dynamics of their current inventory management system and process, then develop flexible solutions to implement or integrate into their S & OP. We also work with the software developer or provider to configure the ERP to include these dynamics. Part of this process includes developing and providing our clients’ inventory management and sales teams with Probability Tables that enable them to make informed decisions on order quantities via the ERP or sales members. We then perform Monte Carlo Simulations of the inventory suggestions to model the potential outcomes of procurement decisions before making the purchase.
Strategic & Operational Planning / Due Diligence
Business decisions made better.
Whether a client is planning to buy a business, sell their business or implement a turnaround, we offer the strategic insights to help them make the best business decisions.
In addition to financial due diligence, we highlight operational deficiencies and opportunities for prospective business acquisitions. Our close relationships with Private Equity companies also enable us to assist with obtaining buyers for clients who wish to exit their businesses or obtain additional funds for expansion. In cases where clients would like to turn a business or part of a business around, our industry experts will identify the opportunities, guide the client teams and embed the changes for a successful turnaround.
KPIs & Performance Management
Defining objectives & achieving key results.
In today’s ever evolving and uncertain business landscape, performance management and measurement tools need to be agile and easily understood throughout the organisation. To keep up with changing needs, we help our clients move away from the traditional KPI framework to OKRs – Objectives and Key Results.
OKRs is a collaborative goal-setting tool that enables organisations to set challenging, ambitious goals with measurable results. It helps track progress, create alignment and encourage engagement around measurable goals. OKRs consist of an Objective, which outlines the business goals, along with several Key Results, which are the milestones that need to be achieved in order to meet the Objectives.
Traditional KPIS do however still have a place within the OKR strategic framework. By focusing more on ensuring that the business performs according to Job Descriptions (which are set specifically to a person’s role within the organisation), KPIs can be used concurrently to outline all the projects and tasks that must be performed in order to achieve the organisation’s key results.
