Tag: manufacturing

Welcome to the team Steve Henderson, Advisor Automotive, Chemicals & Industrial

New Advisor

Automotive, Chemical, and Industrial Sectors

Kormac is pleased to welcome Steve Henderson to our team! His diverse manufacturing career spans leadership roles at Leggett & Platt, Dow, and Essex Specialty Products. Steve will support client relationships and value delivery across the Automotive, Chemical, and Industrial sectors….

Global Supply Chain Global Supply Base Diversification As in all forms of investment, diversification reduces risk. Tariff talk and geopolitical uncertainty are prompting plans for greater supply and footprint diversification. We enjoy helping our client partners build secure, flexible, and adaptable supply chains suited for our increasingly complex global business environment.

Supplier Diversification

Global Supply Chain

From China+1 to “friendshoring,” supplier diversification is hot. Tariff talk and geopolitical tensions are prompting plans for greater geographic supply diversification. We enjoy helping our client partners build secure, flexible, and adaptable supply chains suited for our increasingly complex global business environment….

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. …

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...