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News and Events
June 25, 2010
June 09, 2010
Stonewall Kitchen
client success story
Annual planning and budgeting cycle time reduced by 50%
In order to align operations with corporate strategy, companies often rely on performance management solutions that facilitate the rapid consolidation, analysis and forecasting of data to translate strategy into action. For Stonewall Kitchen, a national wholesale and retail supplier, the implementation of a performance management solution enabled the company to directly reduce the amount of time spent collecting and consolidating data, while increasing the accuracy and reliability of the data that was being analyzed. Stonewall Kitchen now has the ability to quickly evaluate and analyze key business drivers through business modeling and ultimately improve bottom line performance.
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After launching operations nearly two decades ago selling products at local farmers markets, Stonewall Kitchen experienced significant growth and expanded into a nationally recognized fine foods wholesaler and retailer. As the company grew, it saw greater opportunities and challenges in the marketplace. Relying on its Excel-based performance management process, the company often fell short of maximizing its potential to overcome the marketplace challenges and take advantage of opportunities. Spreadsheets alone were no longer able to provide Stonewall Kitchen with the accurate and timely analysis of data that it needed in order to execute strategic decisions. Furthermore, the manual process of collecting, consolidating, and analyzing data required significant, non-value added efforts from the company’s internal resources—the cost of which largerly outweighed the benefits. Stonewall Kitchen needed to find a solution that would provide greater financial visibility and analytical capabilities, but with minimal resource requirements and disruptions to daily operations. With limited resources and no specialized knowledge in performance management solutions, Stonewall turned to Caturano and Company for help. |
| Relying on their proven consulting methodology, Caturano and Company’s Performance Management team performed a Rapid Assessment of Stonewall Kitchen’s operations to gain an understanding of the business as well as identify the technology and process challenges in the current environment. As a result of the Rapid Assessment, Caturano and Company was able to guide Stonewall Kitchen through a software selection process which demonstrated the features and benefits of several solutions that would meet the company’s strategic and operational needs. After assisting Stonewall Kitchen in selecting a solution, Caturano leveraged its understanding of the business to successfully implement the solution. Once implemented, the Caturano team provided training and monthly support to the Stonewall Kitchen users, ensuring that the company was able to effectively utilize the solution as quickly as possible. |
| As a result of Caturano and Company’s assessment and implementation of the software solution, Stonewall Kitchen was able to leverage the solution. This led to the opening of several new locations and key product acquistions, while achieving greater efficiency by reducing the company’s annual planning and budgeting cycle time by 50%. The resulting benefits such as increased financial visibility through ad hoc reporting capabilities and multi-scenario analysis has allowed Stonewall Kitchen to experience continued growth and increased market share. |
your contact
Jim Cashin
Vice President
617.241.4694
"As we view our businesses from multiple perspectives, our financial and management reporting had become challenging. We engaged Caturano and Company to assist in evaluating our reporting processes and implementing leading edge technology solutions to achieve efficiencies. These changes have enabled us to more effectively report on our operations."
Jean Bua, Executive Vice President of Finance and Treasurer, American Tower
