Tag: offshoring

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….

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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….

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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….

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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….

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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...
Assembly Magazine. October 19, 2022 by Harry Moser Geopolitical Forces Drive Record-Breaking Reshoring

Reshoring
Geopolitics Drive Nearshoring & Reshoring

“Geopolitical risk and the advantages of domestic manufacturing are motivating more and more companies to move production back to the U.S., driving job announcements to record-breaking highs.” Assembly Magazine’s October assessment reflects our own experience: reshoring’s proximity to end-use customers provides compelling relief from logistical issues, risks, and costs. Kormac...