Medical Device Manufacturer
About the opportunity
Finally, we focused on improving the warehouse, and planning functions. Purchasing and scheduling strategies were improved as well.
• Improvement of on-time delivery by 14% (From 84% to 98%)
• Increased inventory turns by 60% (From 5 to 8)
• Reduced excess and obsolete inventory by 30%
• Reduced changeover times by 75% (From 4 to 1 hr.)
In addition, the working capital reduction freed up cash for additional investments in capital equipment to facilitate growth.
We have developed and used a proven approach to ensure manufacturers achieve and sustain significant performance improvement. Our consultants have over 15 years of experience working with manufacturers and developing their capabilities.