Tag: lean

"Working with suppliers is just as important as listening to customers." - Barry Nalebuff, Yale School of Management

Supplier Development
Supplier Development Program (SDP)

Many of our client partners are turning to their supply base for collaborative performance improvements. Formalizing a Supplier Development Program can transform transactional relationships into strategic partnerships delivering outsized mutual benefit….

Read More

From the shop floor to the back office, Kormac takes a collaborative approach to Kaizen that brings people together. Ordinary tools: Go to Gemba, Spaghetti charts, Yamazumi charts, Visual factory, cellular design/layout, customer demand/takt time, value stream mapping, undesirable observations (UDOs), waste elimination (8 wastes), activity of the product, load sheet calculations, review constraints, manpower requirements, line balancing, standard work, system alignment, visual controls. Extraordinary Results: Improving productivity, communication, uptime, capacity, and yield. Reducing cycle time, footprint, resource requirements, process steps & rework, Work in Process (WIP), foreign object debris, storage time, inspection time, and transportation time. Proven tools employed with care yield lasting culture and performance improvements.

Collaborative Kaizens
Engaging and Aligning through Kaizen

As Kaizen nears its 40th birthday, its relevance is far from “over the hill.” Kormac Kaizens bring people together to optimize speed, footprint, resource requirements, inventory, and more. …

Read More

Cost Management Rebalancing the margin tug-of-war Does your organization struggle to achieve financial goals in an increasingly volatile marketplace? [iconography of two teams playing tug of war, with the target margin in the middle. Text above the image reads "Kormac Rebalancing"] Cost Pressures: Labor, Materials, Logistics, Real estate, Technolgy Market Pressures: Pricing, service delivery, quality, lead time, social responsibility Kormac's Surgival Strike Methodology™ delivers the agility you need to meet your financial objectivers.

Cost Management
Rebalancing the margin tug-of-war

As the labor and supply cost rollercoaster continues, we are working with several clients to identify new management levers. Among them: Increasing the frequency of cost reviews to ensure faster customer price adjustments and/or tying customer pricing to component market indices Executing Value Analysis and Value Engineering efforts to drive...
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...