LumenFjord Consulting delivers expert guidance to navigate complex business challenges in Latvia and across international markets. We combine local market insights with global expertise to create sustainable growth strategies.
Discover how our tailored consulting solutions can address your specific business challenges.
Comprehensive strategic planning tailored to your business goals and market position.
Challenge: A mid-sized manufacturing company faced declining market share and operational inefficiencies.
Approach: We conducted a comprehensive strategic review, identified core competencies, and developed a three-year transformation plan focusing on specialized product lines and operational excellence.
Result: 27% increase in profitability, 15% reduction in operational costs, and successful entry into two new market segments within 18 months.
Expert guidance for businesses entering the Latvian market or expanding internationally from Latvia.
Challenge: A Baltic tech company sought to expand across Northern Europe but lacked market knowledge and local connections.
Approach: We developed a market entry framework, prioritized target countries based on opportunity sizing, and created a partnership strategy to accelerate market penetration.
Result: Successful expansion into three new markets within 12 months, 40% revenue growth, and establishment of two strategic partnerships.
Enhance financial performance through strategic analysis and restructuring.
Challenge: A retail business with 12 locations faced cash flow problems and unsustainable cost structure.
Approach: We implemented a comprehensive financial restructuring program, including inventory optimization, supplier renegotiation, and location profitability analysis.
Result: 35% improvement in cash flow, elimination of 60% of debt within 18 months, and sustainable profitability model for continued growth.
Our consulting solutions are tailored to address the unique challenges faced by different types of businesses.
Early-stage companies looking to establish a solid foundation and accelerate growth.
Established small and medium enterprises seeking optimization and sustainable growth.
Latvian businesses looking to expand their reach into international markets.
Global companies establishing or optimizing operations in Latvia and the Baltic region.
We follow a structured approach to ensure consistent, high-quality results for every client engagement.
We begin with a comprehensive analysis of your current situation, market position, and business objectives. This includes internal capabilities, external market factors, and competitive landscape evaluation.
Based on assessment findings, we develop tailored strategies that align with your goals. This phase includes opportunity prioritization, resource allocation planning, and detailed implementation roadmaps.
We support the execution of strategic initiatives through project management, change facilitation, and capability building. Our hands-on approach ensures plans translate into tangible actions and results.
Continuous performance tracking against defined metrics allows for timely adjustments and optimization. We establish feedback mechanisms and review processes to ensure sustainable long-term success.
Real results from our client engagements demonstrate our impact across different sectors and challenges.
A traditional retail business with multiple locations struggled with outdated systems, inefficient inventory management, and limited online presence as digital competitors gained market share.
We developed a phased digital transformation roadmap, prioritizing customer experience improvements and operational efficiencies. Implementation included new POS systems, inventory management solutions, and an integrated e-commerce platform.
A successful Latvian software company had saturated the local market and needed to expand internationally but lacked experience in foreign markets and faced intense competition.
We conducted comprehensive market analysis across potential European targets, developed a market entry strategy for three priority countries, and created a partner ecosystem approach to accelerate market penetration.
A manufacturing company faced declining margins due to inefficient production processes, high overhead costs, and suboptimal supply chain management in an increasingly competitive market.
We implemented a comprehensive operational excellence program, including production flow optimization, supplier consolidation, quality management enhancement, and lean manufacturing principles adoption.
We offer flexible engagement models to match your specific needs and objectives.
Need a customized solution? Contact us for a tailored proposal based on your specific requirements.
Request Custom PackageReach out to discuss how we can help your business achieve its goals.
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