Thys Buitendag is the principle consultant. He qualified as a Chartered Accountant after studies at the University of the Free State. He has over 25 years of experience ranging from being an auditor for a few years to operating his own business to being part of the senior management of large corporations, mostly in the manufacturing (feed, FMCG, agriculture related) and IT industries, driving efficiencies in production, logistics, treasury, administration, finance and sales.
To ensure that you get the best service and solutions we have collaboration arrangements with carefully selected experienced people who have proven themselves.
Constantia Kloof, Roodepoort, Gauteng, South Africa
Leandishelf 50 CC Registration number 2001/013342/23 Registered in South Africa
≡ A manufacturing company was loosing raw materials in large quantities and they could not pinpoint the leak. We took on the challenge to reduce stock losses. An analysis of the complete supply chain was made, from ordering of raw materials, receiving, issue to factory and even each production line was analysed. Working closely with the production and warehouse managers we identified and implemented various improvements in controls, procedures and systems with the end result an 80% reduction in stock losses.
≡ The same company, which sold its products to the consumer via supermarkets and the like, also experienced a big drain on their profits as a result of returns from the stores. We set up an information database and started with the recording of each item returned, noting which product it was, from where it came back and the reason for the return. After a few months sufficient data was available to start seeing trends. Once trends were identified the focus shifted to the areas of biggest losses, investigating the reasons and again working closely with the management team corrective action plans were put in place. The company saw a reduction in losses of just over 20% after only a couple of months. This system will continue to provide improved benefits.
≡ The Directors at this company experienced lengthy delays in getting useful monthly management accounts. They were operating in the dark as such not knowing timely how they were performing. With the implementation of a clever IT system we reduced the time to produce monthly management accounts down from two weeks to two days.
≡ This company was using basic financial instruments to hedge its imports in US$. The Management had very little information regarding the exposure and risk involved. A more sophisticated system was implemented whereby they could use new instruments available in the market thereby improving the effectiveness of the hedge and detailed reporting enabled them to be aware, on a continuous basis, of the exposure and risk profile the company faced. This enabled better decision making by the Directors.
≡ The successful implementation of four large integrated ERP IT systems and a number of other systems.