{"id":45876,"date":"2019-05-17T08:04:00","date_gmt":"2019-05-17T12:04:00","guid":{"rendered":"https:\/\/groupeagf.com\/en\/the-network\/uncategorized\/a-success-story-at-our-scarborough-location"},"modified":"2024-05-07T15:36:02","modified_gmt":"2024-05-07T19:36:02","slug":"a-success-story-at-our-scarborough-location","status":"publish","type":"post","link":"https:\/\/groupeagf.com\/en\/the-network\/general-interest\/a-success-story-at-our-scarborough-location","title":{"rendered":"A Success Story at our Scarborough Location"},"content":{"rendered":"
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At the end of the 2017–2018 fiscal year, the collection period of receivables (DSO) exceeded 100 days at our Scarborough location. During the yearly target setting, our goal was to reduce it to 85 days. We accepted the challenge and started our project.<\/p>\n

The strategy behind this success story was based on LEAN Management principles. We agreed to measure the DSO by using aSa software, an independent authority from which a monthly financial report calculates our DSO based on actual numbers.<\/p>\n

David Lo, CPA, CMA (Controller) and Islam Khan, B.Eng. (Account Executive) did the groundwork to provide complete status of outstanding payments and a Google sheet was prepared with colour codes identifying individuals responsible for taking action.<\/p>\n

The whole process, from preparing the invoices to receiving the payment, was studied and restructured by eliminating waste (for example, an important reduction in the amount of paper impressions) and over processing.<\/p>\n

Finally, the moment which was eagerly awaited by the whole team arrived: the November financial statement was clearly flashing our DSO right on target.<\/p>\n

I would like to thank Maxime Gendron (President, AGF – Rebar Inc.) for personally visiting the Scarborough location and taking part in the kickoff meeting, and David, Islam, Jaime Remeiro, M. Eng. (Senior Project Manager) and Nassir Muhiuddin, B.Eng. (Project Manager) for their commitment and dedication!<\/p>\n

\"\"<\/p>\n

Una historia de éxito en Scarborough<\/h2>\n

A finales del ejercicio 2017-2018, el plazo medio para recaudar una deuda sobrepasaba 100 días en nuestra unidad de Scarborough. Durante el establecimiento del objetivo anual, planeamos reducir este plazo a 85 días. Aceptamos el desafío y así iniciamos nuestro proyecto.<\/p>\n

La estrategia de este éxito yace en los principios de la Gestión LEAN. Convenimos medir el plazo medio de recaudación de deudas utilizando una herramienta externa, el programa aSa, a partir del cual un informe financiero mensual calcula este plazo en función de las cifras reales.<\/p>\n

David Lo, CPA, CMA (Director de control) e Islam Khan, B. Ing. (Encargado de Cuentas) prepararon el terreno, con el fin de presentar un informe completo de los pagos pendientes. Con ayuda de Google Docs, se preparó un documento con códigos de color para identificar a las personas responsables de cada acción.<\/p>\n

Todo el proceso, desde la preparación de facturas hasta la recepción del pago, fue estudiado y reestructurado eliminando al mismo tiempo el desperdicio (por ejemplo, una importante reducción del número de impresiones en papel) y la división de las tareas.<\/p>\n

Finalmente, llegó el momento tan esperado por todo el equipo: los estados financieros del mes de noviembre indicaban claramente que habíamos alcanzado nuestro objetivo.<\/p>\n

Gracias a Maxime Gendron, Ing. (Presidente, AGF – Rebar Inc.) por haber visitado la unidad de Scarborough y por haber participado a la reunión de implementación, así como a David Lo, Islam Khan, Jaime Romeiro, Ing., M. Ing. (Encargado de Proyecto Sénior) y a Nassir Muhiuddin, B. Ing. (Encargado de Proyecto) ¡por su compromiso y dedicación!<\/p>\n

 <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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