{"id":1109,"date":"2021-11-07T14:32:12","date_gmt":"2021-11-07T13:32:12","guid":{"rendered":"https:\/\/www.bemag.de\/2021\/11\/07\/return-to-profitability-and-swift-handling-of-deficit-orders\/"},"modified":"2021-11-09T11:59:34","modified_gmt":"2021-11-09T10:59:34","slug":"return-to-profitability-and-swift-handling-of-deficit-orders","status":"publish","type":"post","link":"https:\/\/www.bemag.de\/en\/return-to-profitability-and-swift-handling-of-deficit-orders\/","title":{"rendered":"Return to profitability and swift handling of deficit orders"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1109\" class=\"elementor elementor-1109 elementor-4\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-11fad7f6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"11fad7f6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4dc2f32c\" data-id=\"4dc2f32c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2286c74a elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"2286c74a\" data-element_type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img width=\"900\" height=\"460\" src=\"https:\/\/www.bemag.de\/wp-content\/uploads\/2016\/01\/Bemag-Interim-Management-Consulting-christian-Lotze-projekt-05.jpg\" class=\"attachment-full size-full\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.bemag.de\/wp-content\/uploads\/2016\/01\/Bemag-Interim-Management-Consulting-christian-Lotze-projekt-05.jpg 900w, https:\/\/www.bemag.de\/wp-content\/uploads\/2016\/01\/Bemag-Interim-Management-Consulting-christian-Lotze-projekt-05-300x153.jpg 300w, https:\/\/www.bemag.de\/wp-content\/uploads\/2016\/01\/Bemag-Interim-Management-Consulting-christian-Lotze-projekt-05-768x393.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-83e7bd8 elementor-widget elementor-widget-spacer\" data-id=\"83e7bd8\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72344ce4 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"72344ce4\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Return to profitability and swift handling of deficit orders<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3f28a96f elementor-widget elementor-widget-spacer\" data-id=\"3f28a96f\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-628b5bb6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"628b5bb6\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-1855b05e\" data-id=\"1855b05e\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-576d90f5 elementor-widget elementor-widget-text-editor\" data-id=\"576d90f5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Company for <strong>special engineering \/ plant automation<\/strong> (plant manufacturing, feeder and test technology)<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2ed7bc81\" data-id=\"2ed7bc81\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2284ca47 elementor-widget elementor-widget-text-editor\" data-id=\"2284ca47\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Period:\u00a0<\/strong><br \/>06\/2018 to 05\/2021<\/p><p><strong>Turnover:<br \/><\/strong>&gt; 30 Mio. \u20ac<\/p><p><strong>Workforce:<br \/><\/strong>Approx. 250<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-266c37a6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"266c37a6\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2d38111a\" data-id=\"2d38111a\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-24e499f9 elementor-widget elementor-widget-text-editor\" data-id=\"24e499f9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"font-size: 16px; font-style: normal; font-weight: 400;\"><span style=\"font-weight: bold;\">Client situation leading to appointment of Interim Manager:<\/span><\/p>\n<ul>\n<li>Losses over years threatening the survival of the company<\/li>\n<li>Massive problems in project acquisition and <br \/>-realization<\/li>\n<li>Shortcomings in terms of order accounting and assessment of technical and commercial project risks<\/li>\n<li>Shortcomings in the \u201cmindset\u201d of the organisation and its processes<\/li>\n<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5bb746a\" data-id=\"5bb746a\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0c35e2 elementor-widget elementor-widget-text-editor\" data-id=\"f0c35e2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-size: 16px; font-weight: bold;\">Customer base<\/span><\/p>\n<ul style=\"font-size: 16px; font-style: normal; font-weight: 400;\">\n<li style=\"font-size: 16px;\">Medical technology<\/li>\n<li style=\"font-size: 16px;\">Automotive<\/li>\n<li style=\"font-size: 16px;\">Elektronics<\/li>\n<li style=\"font-size: 16px;\">Fittings manufacturers<\/li>\n<li style=\"font-size: 16px;\">Special machine manufacturers (feed and test technology)<\/li>\n<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6ab7d9e8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6ab7d9e8\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-2608f446\" data-id=\"2608f446\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73821d6e elementor-widget elementor-widget-text-editor\" data-id=\"73821d6e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong style=\"font-size: 16px;\">Assignment:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Return to profitability<\/li>\n<li>Swift termination of deficit orders<\/li>\n<li>Assuring of proper accounting and creation of a timely and correct reporting \/ order calculation system<\/li>\n<li>Revision of the order acceptance, risk assessment and order processing process<\/li>\n<li>Preparation of the divestment of the company<\/li>\n<li>Participation in the M&amp;A negotiations<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-379db349 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"379db349\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-2098648a\" data-id=\"2098648a\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6b0f8507 elementor-widget elementor-widget-text-editor\" data-id=\"6b0f8507\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong style=\"font-size: 16px;\">Measures:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Reorganisation of the Finance and Controlling department (timely, meaningful reporting, definition of KPIs)<\/li>\n<li>Tight cost and liquidity management<\/li>\n<li>Revision of preliminary, ongoing and post-calculations<\/li>\n<li>Establishment of a compliance structure in Accounting and Production<\/li>\n<li>Strict tracking of technical and commercial project handling (technical \/ commercial order control)<\/li>\n<li>Involvement of credit insurers as part of risk management<\/li>\n<li>Alignment of insurance policies with the risk profile of the company and market requirements while simultaneously reducing costs<\/li>\n<li>Complete redesign of the technical IT infrastructure<\/li>\n<li>Elimination of maintenance shortcomings in production<\/li>\n<li>Introduction of ISO 14001 \/ 9001 re-certification<\/li>\n<li>Changing the \u201cmindset\u201d in the company to an open transparent management culture across all management levels<\/li>\n<li>Streamlining the organisation by the removal of a management level<\/li>\n<li>Reorganisation \/ reduction in personnel to lower structural personnel costs<\/li>\n<li>Preparation for the sale and supervision of due diligence<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-31826f68 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"31826f68\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-2c786383\" data-id=\"2c786383\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-22b52470 elementor-widget elementor-widget-text-editor\" data-id=\"22b52470\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Special challenge:<\/strong><\/p>\n<ul>\n<li>Coping with the coronavirus crisis in a high-risk area<\/li>\n<li>Changing the \u201cmindset\u201d and management culture<\/li>\n<li>Alteration of the IT infrastructure after a cyber-attack<\/li>\n<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Company for special engineering \/ plant automation (plant manufacturing, feeder and test technology) Period:\u00a006\/2018 to 05\/2021 Turnover:&gt; 30 Mio. \u20ac Workforce:Approx. 250 Client situation leading to appointment of Interim Manager: Losses over years threatening the survival of the company Massive problems in project acquisition and -realization Shortcomings in terms of order accounting and assessment of &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.bemag.de\/en\/return-to-profitability-and-swift-handling-of-deficit-orders\/\"> <span class=\"screen-reader-text\">Return to profitability and swift handling of deficit orders<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":992,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"disabled","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[12,12],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Return to profitability and swift handling of deficit orders - BEMAG<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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