This document discusses the benefits that interim managers can provide to companies, especially in helping to reduce costs and improve efficiency within the supply chain. It provides several case studies where interims helped identify significant cost savings through claims against suppliers or implementing new procedures. The document argues that while the direct costs of an interim may be less than a permanent hire, they can quickly address issues and deliver meaningful results and cost savings through their experience and objectivity.

1. INTERIM MANAGERS AND SUPPLY CHAIN SAVINGS

2. Terry Abra Chartered Member CILT Member 20 years Past Committee Member East Midlands Recruitment Consultant for over 5 years - JLC Solutions Working with major blue chip companies to small private companies, recruiting FLM to Operations Directors Mail order, publishing, 3PL, fmcg and manufacturing. Distribution Manager Interim Distribution Manager – in house & 3PL Operations Director Contract Manager 3PL Management Services Self employed Consultant Totectors; TNT Logistics; Empire Stores; Grattan; Prices Candles; Swedish Match; NYK; New Covent Garden Driver Hire Franchise

3. WHAT ARE THE PROBLEMS FACING SUPPLY CHAIN Exacerbated by current recession Poor demand High costs Poor management Inefficiencies highlighted Suppliers ceased trading Customers ceased trading Cash flow Poor customer service Procedures no longer robust Poor inventory management Quality – Mattel, car recalls Not lean etc All of these carry costs, many of which will be hidden and not tangible

4. WHAT CAN AN INTERIM DO FOR YOU Costs Many employers might baulk at spending £200,000 on an interim manager for 15 months. But if it resulted in cost savings of £23.7 million, then the investment starts to look like a wise one. This is what happened at one FTSE-100 company after it employed an interim finance director. While not every interim can deliver such impressive savings, the right one can add real value to a business. This was the opening paragraph of an article published by People Management magazine WHAT IS AN INTERIM Hands on short term manager Business problem solver One off Project Manager Consultant

8. WHAT CAN AN INTERIM DO FOR YOU Added Value Skills & Experience Bring wider range of skills and experience Overqualified for the work Focused on delivering solutions Provide extra help with projects involving significant change management P rovide enthusiasm and energy and a focus on deadlines, especially welcome on difficult or “unpopular” projects Just because a former staff member may know the organisation, they may not have the skills for the job

13. HOW TO FIND AN INTERIM Ex employees Ex competitor employee Networking Linked In Recruitment Agency Specialist Interim Agency JLC Solutions Skillbase of Interims COMING OUT OF THE RECESSION Cannot make predictions but believe there will be new opportunities emerging out of the recession Projects still need to continue The companies who survive and can reduce costs will come through stronger Darwinism – only the fittest will survive

14. INTERIM MANAGERS AND SUPPLY CHAIN SAVINGS Summary Often hidden but there are inevitable costs associated with waste, inefficiency, poor procedures , inadequate inventory control, poor customer service and poor management etc Difficult to always itemise specific cost savings by using Interims but I hope I have demonstrated that by utilising a good, experienced Interim, many cost saving and added benefits can be achieved

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