Tag: supply chain

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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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, 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...