Tag: manufacturing

2024 Maze

Feeling a little lost in 2024?

While 2023’s anticipated recession never arrived, geopolitical uncertainty poses continued challenges to forecasting, planning, and execution….

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….

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...
Nearshoring to Mexico Nearshoring: ¡Vamos a México! Driven by federal incentives, geopolitical risk, and pandemic aftershocks, restoring and nearshoring continue apace. [Screenshots of various article titles about restoring and México] Kormac's senior operational experts have diverse experience designing, launching, and operating manufacturing facilities south of the border

Nearshoring to Mexico

Nearshoring: ¡Vamos a México!

Driven by federal incentives, geopolitical risk and pandemic aftershocks, reshoring and nearshoring continue apace. For manufacturers compressing supply chains, nearshoring to our southern neighbor provides a comfortable, cost-effective option. Companies of all size are feeling the pull – even 88% of small and medium sized businesses are “reshuffling their supply...
Interim Leadership Transforming a Plant as Interim GM When an integrated contract manufacturer lost its GM, Kormac provided a skilled interim leader Client Gratitude: Farewell messages to Kormac GM from dozens of plant employees [overlayed on top of image of the letters] On site for 10 months, our interim GM dramatically improved plant performance and morale

Interim Leadership

Transforming a Plant as Interim GM

We all lose our heads sometimes, but it’s big trouble if a factory does. When a leading manufacturer of aerospace fabricated assemblies lost its facility general manager, executives knew it could take months to find a qualified replacement. Unfortunately, their 50,000-square-foot integrated contract manufacturing facility needed a leader immediately. Kormac...
Manufacturing Facilities Optimization: Detailed Plant Scenarios and Modeling - Reduced manpoower requirements by 33%, cut warehouse overtime, and optimized off-site storage locations

Manufacturing Facilities Optimization: Detailed Plant Scenarios and Modeling

Reduced manpower requirements by 33%, cut warehouse overtime, and optimized off-site storage locations

As US manufacturers consider reshoring, they’re often prompted to reevaluate the configuration of existing facilities, including storage. We help such leaders develop detailed plant scenarios and models to guide recommendations on combining, consolidating, redesigning, and/or automating plants, including estimated costs and savings for each scenario. To follow is a chemical...