Tag: sustainability

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….

Read More

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...
Reveal & Maximize Buckle up... "The U.S. services index jumped to 63.1, up from 60.4 in March - the highest reading since data collection began in 2009, signaling the swiftest pace of expansion in at least 11 years." - The Wall Street Journal - U.S. Global Economy See Pickup as Services Revive and Factories Ramp Up, April 23, 2021. Time to choose: invest in increased capacity or unlock hidden potential

Reveal and Maximize
Unlock Hidden Potential

The US and global economies appear to be accelerating at breakneck speed. Many companies are suddenly faced with high demand for products and services, but it’s not yet clear if this represents a spike or sustainable volume. As executives consider whether to add capacity – through new facilities, machinery, employees,...