CAPEX process management enhancement
Key Activities:
- Workshops with the operational departments to collect points of dysfunction in their activities of monthly closing and management of fixed assets: Purchasing, Technical, Business
- Review of processes and participation in the drafting of specifications for the improvement of tools
- Identification of best practices and Benchmark
- Case study for an externalization of the Logistics related to CAPEX
- Study for setting up an asset tagging process
Results Achieved:
- Review of all the processes of the company having an impact on the monthly closing
- Review of cost center structure
- Remediation of open purchase orders in ERP
- Establishment of a detailed closing schedule
- Definition of key performance indicators and development of a reporting for the monthly closure
- Drafting of the new monthly closing control procedure
- Site visits (ownshops and warehouses)
- Review of contractual documents (purchase orders, invoices) to meet the needs of operational and financial departments
- Review of technical and accounting management of fixed assets and inventories
