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Revenue Producing And Cost Reduction Initiatives 2

Date post: 26-Jan-2015
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Page 1: Revenue Producing And Cost Reduction Initiatives 2

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“Difficult times spells opportunity.”

“Focus on the ones that we can do something about it.”

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To present the following concepts and achieve consensus on the next steps;◦ To identify Cost Reduction Measures.◦ To identify other revenue producing opportunities for

TDM, maximizing the current infrastructure.

To discuss Input Technologies Site Automation Review proposal.

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1. Identify key team members to participate in mind-mapping sessions by business units.

2. Establish Baseline - Present current structure and services provided.

3. Based on the baseline infrastructure, capture ideas of possible new products and services.

4. Analyze and prioritize each idea / new product or service.

5. Present these new products and/or services to management for evaluation and approval.

6. Select new product and/or service.7. Establish action plan and timeline.8. Test / Validate / Implement

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Input Technologies has been a technology provider to TDM since April 2005.

Input implemented and supported the automation and data capture of Bankruptcy documents. (data automation Input’s strength)

Input’s proposal – Conduct a Site Automation Review on TDM business units as well as existing customer environments.

The Site Automation Review will specifically focus on identifying automation opportunities within the various data collection activities as it relates to existing TDM customers.

Anticipated time required, 2 hours per business unit (on-site), plus 2 hours of follow-up.

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Input is confident that this review will allow TDM to match existing inefficient, labor intensive processes with current TDM tools that have already created significant and sustained efficiencies in other areas of the business.

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Physical model of current systems (flowchart). Logical model of current systems using data flow

diagrams (DFD’s) and entity-relationship diagrams (ERD’s).

Logical model of proposed systems using DFD’s and ERD’s.

Business requirements document that will reflect a comprehensive needs analysis of the business unit.

Impact analysis of proposed system including projected metrics surrounding gains in efficiency, productivity and customer satisfaction.

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Topics discussed:◦ Site Automation Review◦ Cost Reduction Initiatives (Concept)◦ Additional Revenue Producing Products / Services

(Concept)

Consensus on the topics discussed

Next Steps

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Questions?


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