This case describes the steps taken by the top management of Cosmo Films Limited, a company in the business of packing films, in enhancing the effectiveness and efficiency of all aspects of operations at their production plant in Waluj, Aurangabad and affecting a turnaround. It describes the changes effected and the situation before and after the implementation of changes. It provides an opportunity to develop an integrated scheme for evaluating the effectiveness enhancement measures. Limited thinking through anticipating the problems for future is possible. The learning challenge is in linking the various steps taken and their consequences. The case can be used in basic course in operations management in MBA or management development programmes. It may be used either as an opening case or as a concluding one. It would be advisable to use Cosmo Films Limited Operations at Aurangabad (A) as a background reading.