Case Study

Housewares Injection Molder

Housewares Injection Molder

AURORA MANAGEMENT PARTNERS | Rethink React Results Case Study: Housewares Injection Molder OUR APPROACH: Company suffered poor historical operating performance with liquidity issues. All Company loans were in default. Poor vendor relations resulted in multiple court approved judgements. Lack of inventory control, MRP, and antiquated information systems as well as escalating resin costs impacted Company performance. Aurora was hired as interim CFO to solve operational and liquidity issues. The Company filed Chapter 11 bankruptcy to facilitate a restructuring. Aurora sourced DIP financing to provide liquidity. Aurora drove an effort to design and implement an inventory control and MRP system. Also managed cash collateral to satisfy supply issues during bankruptcy. Aurora

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