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Victor Hugo Rodriguez Morgado
Strategic Planning and Financial Management
Qualtia Alimentos, Mexico
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Qualtia Alimentos is part of XIGNUX, which is the largest conglomerate in Mexico, having more than 30,000 employees, with operations in Mexico and throughout the American continent. XIGNUX is successful in three large business sectors: Electricity, Automotive and Food.
Xignux is a leader the country and has grown substantially in international markets. Today, Xignux products are in 40 countries, with half their sales being exports.
The original objectives for the redesign of the profitability cube at Qualtia were to update the drivers used for cost distribution, to implement a more accurate software profitability tool and to not exceed the current processing time. These objectives were exceeded, and Qualtia went from a simple cost assignment model to a full blown ABC model. The profitability modeling consulting and the software implementation met Qualtia's timelines.
Processing time for profitability was reduced substantially to an average of 6 to 8 hours from the previous 18 hour.
As regards the profitability model redesign, Qualtia has regained confidence in the accuracy of the profitability information, empowering them to make relevant decisions to resolve problems, confidence they did not have previously when the information was undependable. Currently, the great majority of organizational projects depend on the key information generated by the new profitability model.