Tag: supply chain

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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Cost Parity
Achieving Reshoring Cost Parity

Reshoring is gaining momentum, but achieving cost parity remains a challenge. Our concise guide outlines key strategies for minimizing upfront investment and achieving production cost targets in domestic operations….

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Reshoring
Facility Moves, Expansions, & Transitions

The “Reshoring Renaissance” is picking up steam! Several of Kormac’s manufacturing client partners have asked for our assistance in supporting greenfield and brownfield U.S. plant expansions. Around the world, conditions are accelerating shifts toward localized, more controllable manufacturing and supply chains….

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Strategic Sourcing
Category Management

We recently partnered with a leading industrial components provider to reduce costs by developing and institutionalizing a rigorous Strategic Sourcing process. In the first spend category, we immediately revealed a 13% to 16% cost reduction opportunity. We’ll soon address major spend categories representing 40% of our client’s annual COGS….

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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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Labs & Pharma
Welcome Patrick Hastings!

Kormac is pleased to welcome Patrick Hastings to our team! His leadership career spans roles at Labcorp, Eli Lilly, Mossberg Labs, Bayer Healthcare, and Merck & Co ., with deep expertise in lab and pharmaceutical operations, manufacturing, engineering, and supply chain. …

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SIOP Transformation
Delivering life-saving safety equipment

A leading manufacturer of industrial safety equipment turned to Kormac for assistance in improving forecast accuracy, demand/supply alignment, inventory turns, and product delivery performance….

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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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Global Packaging
Machine Shop Optimization

Kormac recently helped a global industry leader scale their production machine shops to meet consumer demand….

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