Our Services

Edward Adler has received excellent evaluations for his work in financial and cost analysis, capital expenditure projects, and Excel schedules for the past forty-five (45) years

Corporations that Edward Adler (EA) has posted success

Bristol-Myers:  audit work for subsidiaries in Europe and Latin America had all general managers and chief financial officers (CFO’s) requesting that EA return to perform additional and strategic assignments.

Ingersoll-Rand:  financial and operational analysis for the Mexican subsidiary led to request for EA to perform assignments for eight (8) to nine (9) months for the next five (5) years.

Nabisco:  EA evaluated many capital expenditure projects including production facilities in Barquisimeto, Venezuela, and Celaya, Mexico with superior results.

• Australian candy production line extension
• French packaging line for cakes

Continental Insurance:  EA created both Lotus 1-2-3, and Excel schedules that were extremely accurate, and thorough, and ahead of schedule by weeks, and months.

Novartis:  EA Performed a capital expenditure evaluation of a packaging savings project for the Theragran Vitamins blister pack.

• Evaluation generated an ROI of 45%, and an NPV of $3,000,000
• Identified an increase in packaging material savings by 40% over a ten (10) year duration
• Ascertained a capital project to reformulate Tavist-D tablets and caplets
  Identified obscured production and working capital costs
  Performed post audit of capital project.
• Enhanced appraisal resulted in an increase of ROI of 10%, and NPV of 15%

Schering-Plough:  Analyzed a capital project involving a research facility in Switzerland.

• This appraisal not only more accurately defined ROI and NPV, but also reduced costs by more than $2 million.

ABB Turbocharger:

• Appraised costs of repair and maintenance of pumps and compressors
• Identified and accurately defined labor and material variance between actual and estimated costs

Sanofi-Aventis:  identified and rectified cost overruns of research projects

• Identified and rectified cost overruns of research projects
• Evaluated pharmaceutical research cycles and systems

Middle Atlantic Products:

• Reconciled actual hours between production and payroll for each manufacturing division through creation of weekly analysis.
• Identified direct and indirect labor hours for each division
• Reduced number of direct and indirect labor hours for each manufacturing division
• Reconciled actual and standard hours for each product division which reduced labor costs by 25%
• Analyzed and audited setup costs for production line of Light Assembly Division which reduced setup costs by 40%

General Motors:

• Evaluated investment potential for robotics projects, which increased labor savings, reduced costs and increased Return on Investment (ROI) by 40% and Net Present Value (NPV) of $5,000,000.
• Project improved productivity within certain zones of the cab shop (where vehicle framework is assembled) by 50%
• Analyzed the utilization, productivity, and profitability of deploying additional robots throughout the entire plant
• Developed and authored capital expenditures evaluation system for the Linden, NJ facility that produces Chevrolet pickup trucks (Silverado) and Chevrolet sport utility vehicles (Blazer and Trail Blazer).
• Analyzed labor costs for entire Cab Shop Division which resulted in cost reductions ranging from 10% to 50%
• Developed process costing by zone within the Cab Shop Area:  obtained completion percentage for work in process (WIP) amounts.
• Performed Non-Scheduled Overtime analysis which resulted in a reduction of overtime ranging from 10% to 50% for various zones in the Cab Shop department.