Financial Advisor

Shreveport, LA

Produces an assortment of customized carry out paper bags, portion control bags and food wraps for major fast food and drug store retailers.

Ronpak’s operating capabilities were outpaced by top-line growth, creating a contraction of profitability and other operating challenges. CMA was engaged to improve margin and prepare the company for a potential sale by assessing, recommending and implementing initiatives across all areas of the Income Statement and Balance Sheet.

Key Challenges
Contraction of Profitability
Sales Mix
Manufacturing Across 3 Locations
Margin Improvement Prior to a Sale

Engagement Highlights

  • Performed an assessment of the Company’s operations that led to an engagement focused on improving efficiency and profitability.
  • Implemented sales and operations planning and monthly reporting procedures.
  • Significantly improved gross margin by increasing direct labor efficiency and maximizing material purchasing.
  • Streamlined inventory management
  • Prepared financial projections to help guide the Company moving forward
  • Provided interim plant management expertise, as well as interim sales management.
  • Prepared and presented monthly P&L analysis and variances in order to help drive specific improvements to the business in real time.

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