Apex Tool Group - Foundering Management, No Direction and Loss of Market Share. Big potential but no ability to execute | Glassdoor
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There are newer employer reviews for Apex Tool Group

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"Foundering Management, No Direction and Loss of Market Share. Big potential but no ability to execute"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I have been working at Apex Tool Group full-time (More than 10 years)

Pros

Some great individuals, global company, good manufacturing experience. Strong products but lacking the ability to get them out the door.

Cons

Horrible Leadership, useless ABS system, endless Kaizens with no real results. Terrible operations leadership leading to high inventory and loss of market share

Advice to Management

Take care of your existing talent, make real investments in people, technology and tools to drive innovation, ditch the flawed religion of ABS.

Other Employee Reviews for Apex Tool Group

  1. "run. run far away"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Apex Tool Group full-time (More than 5 years)

    Pros

    You'll have a great opportunity to learn kaizen and other great productivity / efficiency tools and methods, to which management will only give lip service. These will be great when you leave and are able to apply them at a company that actually cares

    Cons

    All about the $$ at the expense of any and everything else. Be prepared to drink the koolaid or find another job. If you don't have an MBA from Harvard you can forget about being promoted.


  2. "OK but unstable future"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I worked at Apex Tool Group full-time (More than 10 years)

    Pros

    This company could be amazing. There is a new owner, Bain Capital, which could potentially help.

    Cons

    The company increased paperwork at a record rate. They got away from selling and focused on tracking. There was no communication from senior management and most of the sales force doesn't trust them. The inventory levels fluctuate rapidly. The inability to ship orders frustrates everyone. Marketing leadership was a constant roadblock for the sales force. There is no room for advancement unless you are in marketing.

    Advice to Management

    Let people know what is going on. Pay bonuses in a timely manner. 10-12 weeks is too long, an improvement from the past, but still too long.

There are newer employer reviews for Apex Tool Group
There are newer employer reviews for Apex Tool Group

See Most Recent

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