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Home News Thompson Group embaces process improvement - wins implementation of operational excellence program!

Thompson Group embaces process improvement - wins implementation of operational excellence program!

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Saturday, 17 November 2007 19:54


Process and productivity leads to higher profitability and productivity!

Thomas Group Wins Implementation of Operational Excellence Program from Global Manufacturer
2007-11-16 17:15:09


www.thomasgroup.com
- Thomas Group, Inc. (NasdaqGM:TGIS), a leading operational consulting firm, announced today that it has won a contract from a global manufacturer to create and implement operational strategies for sustained performance improvements in all facets of the business enterprise. The major thrust of the engagement will be to improve operations, reduce the cost of goods sold, and ensure quality and service performance. Thomas Group estimates the value of the program order, which is a one-year period, to be approximately $2.2 million with an additional $0.9 million of incentives conditional on achieving specific operational benchmarks. Thomas Group will deploy operational performance experts from Germany, Switzerland, England, and the United States. The company's work will support a larger strategic plan already underway. The anticipated results include:

-- Driving higher profitability to improve EBITDA

-- Providing capacity for revenue growth

-- Improving productivity and quality of service

-- Reducing waste and increasing product quality

-- Establishing Global Best Practice processes

-- Implementing a sustainable culture of innovation and quality

To achieve these results, Thomas Group will use a holistic, process-based approach to manage and focus the resources and activities of an organization to optimize overall performance across the organization's value chain. It is based upon an inclusive, end-to-end, integrated view of all related activities, considering all process stakeholders, including suppliers and customers. Thomas Group will define and drive with the client: culture innovation, process improvement, transparency across all related activities, and elimination of non-value added activities. Thomas Group's process inspires people to want to change, identifies what needs to change, gives them the necessary tools to make the change, implements the change, and institutionalizes the change to result in continuous improvement in performance excellence.

"This award underscores our client's confidence in Thomas Groups' proven leadership in operational excellence," said Jim Taylor, CEO and president of Thomas Group. "Thomas Group will continue to deliver exceptional operational results for our clients by leveraging our expertise from implementing enterprise solutions for Fortune 1000 companies," added Jim Taylor.

About Thomas Group

Thomas Group, Inc. (NasdaqGM: TGIS) is an international, publicly-traded professional services firm specializing in operational improvements. Thomas Group's unique brand of process improvement and performance management services enable businesses to enhance operations, improve productivity and quality, reduce costs, generate cash and drive higher profitability. Known for Breakthrough Process Performance, Thomas Group creates and implements customized improvement strategies for sustained performance improvements in all facets of the business enterprise. Thomas Group has offices in Dallas, Detroit, and Hong Kong. For more information visit, please visit www.thomasgroup.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act:

Statements in this release that are not strictly historical are "forward-looking" statements, which should be considered as subject to the many uncertainties that exist in the Company's operations and business environment. These uncertainties, which include economic and business conditions that may impact clients and the Company's performance-oriented fees, timing of contracts and revenue recognition, competitive and cost factors, and the like, are set forth in the Company's filings from time to time with the Securities and Exchange Commission, including the Company's Form 10-K for the year ended December 31, 2006. Except as required by law, the Company expressly disclaims any intent or obligation to update any forward-looking statements.

Thomas Group, Inc.
PJ Hoke, 972-443-1113
pjhoke@thomasgroup.com
www.thomasgroup.com

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