Though this project is still ongoing, most of these items were accomplished within the first 6 months concurrently. C.L.A.I.M. is a continual process and once the groundwork is in place, the program initiated and adjustments made, the results will continue to build upon themselves over time. We are in the process of training the staff on our program so they can take it over and we can simply "monitor and coach" so the costs will be reduced while the results continue to build and grow. We are in our 3rd year working with Ceramo and have seen tremendous results.
This year, we are developing inside/outside sales teams and breaking into new territories. We have unrolled a new compensation plan for the reps to drive a $6M increase in revenue. We also negotiated a Master Distributor agreement with a German pottery manufacturer that will dramatically affect inventory cash flow, market penetration and the competitive market.