Tag: forecasting

SIOP Transformation Delivering life-saving safety equipment "The Kormac Group helped us transform our SIOP process from a report out of information to a key business enabler that drives business initiatives throughout the organization with a Continuous Improvement mindset." -Global Supply Chain Director, Industrial Safety Products Manufacturer

SIOP Transformation

Delivering life-saving safety equipment

A leading manufacturer of industrial safety equipment turned to Kormac for assistance in improving forecast accuracy, demand/supply alignment, inventory turns, and product delivery performance….

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….

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...