A Canadian industry-leading structural steel contractor serving large, complex, and sophisticated projects over 4,000-tons
Due to excess competition in the >4,000-ton steel project market, this client faced margin pressures on all their projects. Excess costs within inventory management and handoffs added to these financial pressures resulting in a mid-market strategy initiative to grow and sustain profitability in all markets served.
TPG worked closely with the client to implement internal process improvement initiatives and to lay the foundation for continuous improvement. Through this initial engagement, 4 projects were prioritized to initiate momentum:
As a result of this initiative, this client enjoyed both immediate and long-term financial and strategic benefits: