Task force supports ad hoc scenario creation, evaluates financial impact, defines measures and implements tracking system

Minimum wage increases or customs regulations in an international context are sometimes unpredictable and render the calculation on which you had based your next years unsuitable. When you are operating internationally in different markets, it is often not easy to stay on top of things. Our customer struggled with rising wages in Romania on the one hand and higher customs duties between Mexico and the USA on the other.

stepwise provided ad hoc support in creating different scenarios to evaluate the impact on the balance sheet and liquidity. Company and market data were combined and broken down to P&L, balance sheet and cash flow effects. Different models with different approaches were classified. In the next step, first measures were initiated from the scenario that was considered most realistic.

These measures and projects were set up in a structured way and clear responsibilities were assigned. In order to be able to evaluate whether these measures also led to the desired success, a tracking system was developed which showed the P&L effectiveness, taking cost centers and orders into account. The problem that in some cases only limited data was available from international companies was solved with the help of additional data queries, without over-exerting the workload for data provision.