TBM Client Hubbell Incorporated is Rapidly Transforming Their Business.

Hubbell Report Hubbell Stats
  • Net sales up 35% (vs. 8% decline from 2000 to 2001)
  • Net income up 138% (vs. 65% decline from 2000 to 2001)
  • Earnings per share up 132% (vs. 64% decline from 2000 to 2001)
  • Record cash flow from operations ($244 million)
  • Inventory reduced by $170 million (from 2001 to 2003)

 

TBM began working with Hubbell in 2001. By 2003, their downward trend had been dramatically reversed, as you can see in the chart. The Lean activities that drove those exciting results are described at length in Hubbell’s 2003 Annual Report. Click below to see the report. Tim Powers’ Letter to Shareholders outlines the rapid bottom-line improvement Hubbell achieved through their Lean initiative, in spite of a challenging economy.

Download Hubbell's 2003 Annual Report
(PDF 1.4MB)


Hubbell’s 2004 Annual Report outlines their continued Lean improvement. Click below to view the report. As Hubbell establishes operational excellence internally, they are moving to the next stage in their growth strategy, as we help them accelerate new product development and build a Lean Value Chain, to bring them ever closer to their customers.

Download Hubbell's 2004 Annual Report
(PDF 1MB)


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