Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Pinnacle Strategies Shares Project Management that Reconsiders Rules on Materials and SuppliersPinnacle Strategies Shares Project Management that Reconsiders Rules on Materials and Suppliers
By: TR Cutler The goal is to change the rules that are affecting the ability to make more. In Woeppel’s last post, he wrote about challenging the assumptions. The supply chain or supplier strategy is a great place to start. Most material specifications are established by a default rule of thumb established to minimize risk of failure. The result is a conservative specification that will cover a wide swath of situations. Seldom are material specifications done to maximize throughput. Everything is available to challenge: dimensions, tolerances, material specifications, storage requirements, and quality checks, etc. Another place suggested is to look deeper into the supply chain such as the suppliers’ suppliers. What is challenged will be determined by what gives the most productivity. Pinnacle Strategies found when working with a boom manufacturer, that the output of a particular type of boom was constrained (at all suppliers) by a worldwide scarcity of a key component. This scarcity was about three links earlier in the supply chain. Pinnacle Strategies looked for a substitution. Working with the engineering and supply chain teams at the supplier and the customer, they found another material, which was significantly cheaper, allowing them to purchase three times the amount of the new material for the same price as the old material. With all the materials in full supply, the boom manufacturer was able to boost output tenfold! To read the entire blog link here: http://pinnacle- Finding extra capacity is not rocket science, but it does require an eye on the process and a willingness to challenge what you’ve done in the past – sometimes an uncomfortable activity. I enjoy it, though. Eli Goldratt, my friend and mentor, said famously, “Sacred cows make excellent steaks.” Read how we sacrificed those sacred cows in the materials and supply chain and in turn, achieved great results in lesson 5 in our eBook, “Achieving Top Performance Under the Worst Conditions: 7 Lessons Learned from a Disaster” at www.pinnacle- Pinnacle Strategies is an international management consulting firm focused on operations management excellence. We work with organizations to increase shareholder value by developing high-performance business processes that significantly enhance productivity, reduce costs and time to market, improving profitability and accelerating sustainable growth. Pinnacle Strategies offers results-driven consulting solutions in the areas of performance management, project management, operations management, and supply chain. Pinnacle Strategies is the developer of ViewPoint a service that dramatically simplifies managing projects, enabling project teams to rapidly improve project performance. The RABIT methodology is a proprietary approach that is concentrated on implementing quick response solutions with rapid results. The RABIT methodology culminates years of practical experience and expertise in continuous improvement; Pinnacle Strategies www.pinnacle- Jennifer Thompson, Marketing Coordinator pr@pinnacle- 405.620.1160 End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|