Category: Insights

Healthcare Services Maximizing On-Time Delivery "Working with Kormac, you know you can expect a small, focus-driven team that will deliver results." - Vice President, Healthcare Services Company Sales, Inventory & Operations Planning Overhaul Achieved 100% on-time delivery and reduced SKU inventory by half

Healthcare Services

Maximizing On-Time Delivery

Customer delight begins with honoring our commitments. With that truth in mind, a leading healthcare services company turned to Kormac for help in improving its on-time delivery to customers. From forecasting and purchasing to inventory management and product delivery, our client sought to deliver an outstanding experience for its pharmaceutical...
Screencapture of a PDF with the title "Choosing the Best Path Forward: Evaluating Options for Underperforming Organizations. To view contents, download the PDF (https://kormacgroup.com/wp-content/uploads/2022/09/Kormac-Option-Analysis-COO.pdf)

Choosing the Best Path Forward

Evaluating Options for Underperforming Organizations

Inside most companies – no matter how successful – are underperforming units or subsidiaries. When ignored, these underperformers cost more than just money – they consume resources better invested elsewhere. For one recent automotive aftermarket client, Kormac analyzed an underperforming business unit contributing only 3% of company revenue. The unit...
Lean Liberation Lean as Resource Liberator Sample Kormac Lean project outcomes - -50-60% cycle time reduction - -50% WIP inventory reduction - -85% cost of poor quality reduction - +30+% improvement in labor efficiency - +30+% EBITDA improvement - +20+% useable floorspace expansion - Overall improvements in safety performance and employee satisfaction

Lean Liberation

Lean as Resource Liberator

As manufacturers grapple with rising material and labor costs, we’re seeing renewed interest in Lean. Kormac has decades of experience in employing Lean/Six Sigma/Kaizen methodologies to boost quality, productivity, and speed while reducing cost, backlog, and facility floor space. We begin each Lean engagement by analyzing our client’s product line...
Medical Device Supply Chain Complexity & Agility - Addressed $11.1MM+ overage in raw material components and $5.6MM+ overage in finished goods inventory

Medical Device: Supply Chain Complexity & Agility

Addressed $11.1 MM+ overage in raw material components and $5.6 MM+ overage in finished goods inventory

Supply chains have proven a compelling scapegoat, but many of the recent challenges reveal underlying dysfunction that preceded the pandemic. For one medical device manufacturer, supply chain (SC) complexity was creating costly overages in materials and finished inventory. Their build-to-order SC process optimized part and component costs, but did so...
Comic strip from The Atlantic titled "The End of Trust; Suspicion is undermining the American economy" Comic shows 2 office workers, with one standing ready to catch the other in a trust fall. As the other begins to fall into the other, the other man walks away and lets the man fall to the floor

Trust is everything.

Trust is a gut feeling – not easily earned nor restored. We earn and maintain our clients’ trust by delivering on our word. If we say, “You will have it by 5 pm,” we’ll deliver it by 4:30. Trust is the lifeblood of consulting because our product lacks tangible form....
Supply/Demand Planning SIOP: Advanced Planning Delivers Agility and Responsiveness Risk Avoidance & Opportunity Conversion Decisions Months 0-3: Frozen or Fixed Horizon; Response is typically overtime or expecting. Variability +/- 3% Months 3-6: Capacity Adjust Horizon; Labor and supply chain alignment. Variability +/- 8% Months 6-9: Project Horizon; Professionals, complex Kaizen solutions, CAPEX. Variability +/- 12% Months 9-12: Strategic Horizon; Footprint rationalization, CAPEX, campaigns. Variability +/- 15%

Supply / Demand Planning

SIOP: Advanced Planning Delivers Agility and Responsiveness

Is your organization suffering from SIOP myopia? In our client assessments, we find that 90% of supply/demand discussion focuses on the near-term, neglecting longer term risks and opportunities. Optimized SIOP extends the horizon of forecast accuracy to increase agility and avoid looming constraints. Kormac’s supply chain convergence approach powers an...
Global Manufacturing Supplier Visibility and Planning - Reduced airfreight costs by 43% ($47MM) with increased component visibility

Global Manufacturing: Supplier Visibility and Planning

Reduced airfreight costs by 43% ($47 MM) with increased component visibility

Continuing our discussion of current supply shortages and bottlenecks, Kormac excels at helping clients cultivate supply visibility and reliability amidst challenging conditions. For example, a global manufacturer of vehicle seats sought to maintain 100% OTIF (On-Time and In-Full order fulfillment rate) but suffered from inadequate visibility to component suppliers’ capacity...
Heavy Outdoor Equipment in front of a sunset. Photo by WORKSITE Ltd. on Unsplash

Heavy Equipment: Order Backlogs & Supplier Availability

Temporary supply shortages are making economic headlines as drivers of inflation and order backlogs. Kormac addressed the same uneven supply availability during the last recovery. One of our clients, a global Oil & Gas heavy equipment manufacturer, lost critical suppliers when the 2008 economic crisis drove many small machine shops...
Leadership Opportunity Seeking 'Gigafactory' Plant Manager Once-in-a-lifetime opportunity to shape the future of energy storage Greenfield or brownfield startup operation providing advanced energy storage solutions to the aerospace, defense, medical, and critical infrastructure markets

Leadership Opportunity

Seeking ‘Gigafactory’ Plant Manager

Kormac is assisting a client partner in identifying exceptional candidates to serve as Plant Manager of an innovative new battery ‘gigafactory.’ This role offers a once-in-a-lifetime opportunity to join a fast-growing company that is shaping the future of advanced energy storage. The factory will be a greenfield or brownfield startup...