Tecomet, a Charlesbank-backed provider of high-precision manufacturing solutions, chose Stax to improve its data-driven, decision-making capabilities. Tecomet has had multiple private equity owners (including Charlesbank in the past) and has grown through acquisition to 17 manufacturing plants. Stax worked remotely for a year during Covid to advance Tecomet's analytical capabilities and improve its access to data.
In this video Mat Ackerman, Executive Vice President of Strategy & Business Transformation, Tecomet, Inc., outlines three advantages Stax brought to this unique engagement:
• Stax provided the right combination of business, data, and technology expertise and understood the strategic use of data and effectively brought resources that can operate at the intersection of business and technology.
• Roots of Stax - a private equity orientation, understanding the pressures of working with private equity and the necessity to be results-focused and show value for the project quickly.
• A partnership-based engagement, Stax was able to convert skeptics to believers across the organization and defined a digital transformation roadmap for Tecomet, while outlining the realities of rectifying data issues within the organization.
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