Category: Insights

Achieving Statistical Certainty in Design Quality

Design Quality Measurement

Is your device production ready?

Kormac is helping MedTech firms increase the statistical sophistication of Design Quality measurement at the component, subassembly, and product levels….

Private Equity: Challenging Debt Environment. If uncertainty has shifted your private equity value creation strategy from exit and acquisition to organic growth and productivity, Kormac is here to help. Grant Thornton's survey on the Top industries for M&A activity in the next 6 months shows that 34% goes to Technology, media, entertainment and communications. 32% goes to Banking. 32% goes to Healthcare. 31% goes to Services, and 25% goes to Real Estate/construction. It is noted that respondents were able to select up to three industries.

Private Equity Exits

Challenging Debt Environment

If exit uncertainty has shifted your private equity value creation strategy from exit and acquisition to organic growth and productivity, we can help. …

Compliance Group Inc and Kormac Group: MedTech Quality Collaboration.

MedTech Quality Collaboration

From sushi to kaizen

Kormac and Compliance Group are helping MedTech organizations improve the operational and technological dimensions of quality assurance….

Manufacturing TOW Seamless Consolidation & Transfer Following a series of mergers, an aerospace and defense electronics supplier turned to Kormac for assistance in consolidating several manufacturing sites. - 20% floor space reduction - 17% capital investment reduction - Readiness - robust transfer plan Our transfer of work collaboration included: Needs assessment, manufacturing process enhancement, site requirements definition, line and space optimization, end-to-end project planning, labor planning, OTIF delivery planning, financial documentation, and communications.

Manufacturing TOW

Seamless Consolidation & Transfer

Manufacturers are on the move, with many pursuing facility consolidations and transfers. We recently supported an aerospace and defense supplier in consolidating several manufacturing sites following a series of mergers….

Rationalization Excess facilities, equipment, products, systems, or platforms? Check your baggage. It's hard to get anywhere fast when you're dragging legacy assets. Companies that grow rapidly or by acquisition eventually reach a day of reckoning when they are forced to grapple with their disparate collection of facilities, manufacturing platforms, or product lines. Kormac has decades of experience in helping organizations to reassess, redesign, and rationalize operational and product portfolios.

Rationalization

Check your baggage

Companies that grow rapidly or by acquisition eventually reach a day of reckoning when they are forced to grapple with their disparate collection of facilities, manufacturing platforms, or product lines….

FORTUNE: CEO Turnover Hits 5-Year High as Companies Brace for Continued Disruption CEOs are passing the torch after guiding their companies through the worst of the pandemic

Don’t Wait for a Crisis

Fortune: CEOs are passing the torch

When leaders are struggling with operational challenges, some belatedly recognize the need for outside help….

Global Packaging Machine Shop Optimization Demand for production machines quadrupled as post-pandemic conditions limited supply availability. 390% growth Improved shop floor forecasting, utilization, management tools, and communications Developed effective systems to support on-time delivery performance, transparency, and growth capacity.

Global Packaging

Machine Shop Optimization

Kormac recently helped a global industry leader scale their production machine shops to meet consumer demand….

The Caution Trap KPMG advises "avoid excessive caution" Uncertainty may be the new normal, but it need not be paralyzing Balancing risk and opportunity during uncertain times maximizes transformation and growth potential

The Caution Trap

KPMG Advises “Avoid Excessive Caution”

Excessive caution stifles innovation, hiders agility, and obscures promising investment opportunites….

Manufacturing Inventory Reduction: Achieved Elusive Inventory Management Target Implemented global best practices; achieved corporate inventory target for the first time in 7 years.

Manufacturing Inventory Reduction

Achieved Elusive Inventory Management Target

To improve cash flow while mitigating risk, many companies are reevaluating their approach to inventory management. Excess materials and persistent shortages remain despite the overall recovery from pandemic constraints. When times were tough, gaps in inventory management discipline magnified the impact of constrained supply chains. As conditions improve, discipline gaps still leave...