| The Materials Function: the forgotten gold mine! |
Do you have a robust materials system designed and capable of delivering world-class results?
Ask yourself these 12 critical questions
Have you stratified your inventory into A-B-C-D categories to really understand your
opportunities?
Do you establish YOY inventory reduction goals?
Are your finished goods, work-in-progress, and raw inventories measured and YOY improvement
goals established?
Do you have defined supplier reduction and rationalization processes?
Are you using visual replenishment signals?
Are you still relying on MRP as the principal driver for procurement?
Are your suppliers actively participating in value engineering?
Are you achieving 3-5% annual cost reductions?
Do you have a process to conduct meaningful Buy vs. Make analyses?
Do you measure schedule reliability and schedule linearity?
Is there a process in place for relentless root cause analysis (RRCA) and corrective action?
Do you have dashboard metric for your internal measurements and your suppliers?
If you can’t answer “yes” to at least 7 of these questions, you are leaving your potential gold
hidden. We can help you extract that golden value from your supply chain.
Let our specialists make a one-day analysis of your total supply chain and share with you
exciting and profitable opportunities in these areas:
Ø Forecasting
Ø Production scheduling
Ø Flow support
Ø Visual replenishment signaling
Ø Receiving and stock room operations
Ø Inventory control
Ø Purchasing practices
Ø Outsourcing and J.I.T. evaluations
Ø Systems Effectiveness
Ø Lead-time reduction
Did You Know?
In today’s world, it normally takes $25 in sales to generate a 5% profit ($1.25). However, imagine
the $$$ saved if you were to gain a 5% improvement in your material cost!
We can help you mine your gold mine of opportunities with our overall audit, or we can address
the specific need, opportunity, or goal that you have identified.
We will help you improve your material supply chain so that your gold is no longer hidden — it’s
in your bottom-line results!
Ask yourself these 12 critical questions
Have you stratified your inventory into A-B-C-D categories to really understand your
opportunities?
Do you establish YOY inventory reduction goals?
Are your finished goods, work-in-progress, and raw inventories measured and YOY improvement
goals established?
Do you have defined supplier reduction and rationalization processes?
Are you using visual replenishment signals?
Are you still relying on MRP as the principal driver for procurement?
Are your suppliers actively participating in value engineering?
Are you achieving 3-5% annual cost reductions?
Do you have a process to conduct meaningful Buy vs. Make analyses?
Do you measure schedule reliability and schedule linearity?
Is there a process in place for relentless root cause analysis (RRCA) and corrective action?
Do you have dashboard metric for your internal measurements and your suppliers?
If you can’t answer “yes” to at least 7 of these questions, you are leaving your potential gold
hidden. We can help you extract that golden value from your supply chain.
Let our specialists make a one-day analysis of your total supply chain and share with you
exciting and profitable opportunities in these areas:
Ø Forecasting
Ø Production scheduling
Ø Flow support
Ø Visual replenishment signaling
Ø Receiving and stock room operations
Ø Inventory control
Ø Purchasing practices
Ø Outsourcing and J.I.T. evaluations
Ø Systems Effectiveness
Ø Lead-time reduction
Did You Know?
In today’s world, it normally takes $25 in sales to generate a 5% profit ($1.25). However, imagine
the $$$ saved if you were to gain a 5% improvement in your material cost!
We can help you mine your gold mine of opportunities with our overall audit, or we can address
the specific need, opportunity, or goal that you have identified.
We will help you improve your material supply chain so that your gold is no longer hidden — it’s
in your bottom-line results!
