A Clear Path to ROI
According to O’Neill, the extra time freed up valuable intellectual horsepower for the team. This contributed to a profitability increase of nearly 500 basis points over the first 3 years of using the tool.
The software helped Chandler Industries find opportunities for greater efficiencies in operations at different locations. When metrics like labor productivity and machine utilization directly contribute to the company’s revenue figures, this is a game changer for the business.
Catalyst allowed Chandler to easily see, location by location, where there was room for improvement, providing straightforward direction for decisions that would result in more revenue for the business. Aided by solid organic growth and the newfound efficiencies found through the Catalyst software, Chandler was able to grow sales by a stunning 60% between 2016 and 2019.
“We’ve become a much better operating company with the timeliness and accuracy of the information. We can ask more pointed questions,” says O’Neill. “We’re a custom machining house, so machine time and machinists’ time are critical. In the time we save on fundamental reporting, we can use that to ask better questions about utilization of machines and machinists.”
When asked if he would recommend the Catalyst software to others, O’Neill leaves no room for doubt. “Oh, I recommend it all the time. If you have multiple locations on different ERP systems and you’re struggling in the ‘Excel hell,’ this is the way to go. It’s affordable, it’s easy to use and the support has been great.”