Tag: performance management

Performance Management Illuminating & Optimizing Performance Organizations are "flying blind" when they lack actionable, goal-aligned KPIs for performance management, timely corrective action, and strategic foresight. Insightful KPIS: No more flying blind.

Actionable KPIs
Meaningful Metrics for Operational Accountability

Kormac recently developed and installed performance-focused KPI dashboards while enhancing a client partner’s supply chain. The resulting insights are driving powerful problem-solving and behavior changes, improving inventory efficiency, and reducing COGS….

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Inventory Intelligence Inventory Reduction: Actionable Insights For a global manufacturer, Kormac delivered SKU-level and group-level inventory management insights, revealing opportunities to: - Improve inventory turns and balances - increase visibility and address non-moving inventory - Improve and sustain customer service performance Our collaboration enabled a $20 million reduction in inventory.

Inventory Insights
Actionable Insights for Inventory Reduction

A global manufacturer engaged Kormac for assistance in achieving sustainable inventory management. Our analysis and collaboration contributed to a $20 million (10%) reduction in inventory in the first year….

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Foundry Maintenance Kormac helped an understaffed and undermanaged foundry maintenance operation to establish critical KPIs and a sustainable maintenance system. - Enhanced data collection - Reduced downtime - Managed performance trends - Improved workforce predictability - Revealed training needs

Foundry Maintenance
Kormac helped a foundry maintenance operation establish critical KPIs and a sustainable maintenance system

A leading supplier of metal components to the mining industry was struggling with manufacturing variability in its foundries. The president turned to Kormac for help in improving operational stability and predictability, including maintenance, operations management, and employee training and retention. Our initial foundry analysis revealed an understaffed and undermanaged maintenance...