Case Study

Papyrus

Papyrus

Engagement Results Company: Papyrus Industry: Retailer & Wholesaler of greeting cards and stationary Size: Middle market Expertise: Cost Mangagement Assignment: MainStream Management was engaged by the Chairman of the Board as the company had not met earning expectations that the equity partners believed were possible. While protable and growing, Papyrus experienced a slower ramp-up than expected in wholesale business to compensate for the loss of a major customer. In addition, inventory carrying costs were extremely high. Working with the Board of Directors, MainStream helped identify a number of specic nancial targets. Also, a series of parameters were set in place to determine a successful outcome: Papyrus needed to meet all of its future goals, including those established by their

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