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Signode should increase its focus on the Plastic business, as it an area to be leveraged. The production volume should be enhanced and an increase in price would help Signode to increase its cash flow & help to pay off its debts
3. Signode needs to stop sales of the custom tolls & machine for steel strappings (as its sales is <1% of total sales and not contributing to profit margin)
4. Signode has 170 standard sizes of steel strapping, of which 12 standard sizes contribute to 73% of steel strapping sales. We suggest that a CFT be formed to identify the sizes that do not contribute significantly to revenues...
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