Imagine an increase of 46% in additional earnings utilizing your current assets within a matter of months. The following case is proof that achieving the impossible can be done. An automotive supplier’s challenge is managing a 50 percent increase in demand. A. Stout & Associates grows this supplier’s earnings using their current assets – no additional equipment and reducing the number of operators.
The outcome:
Output of 20 pieces/hour increases to 60 pieces/hour.
Earnings increase of 46% on the additional 37,500 $10 parts.
Creates an additional $172,500 annually.
This business rocketed from a 50th percentile performance at $200/hour to above the 90th percentile at $500/hour in the NAICS category 3363. Find out how we worked with the employees to achieve these production speeds without running any machines faster. After the operator was trained, he was challenged to make an additional improvement which resulted in an additional 20 pieces per hour. That is 80 pieces per hour. He accomplished this in one day. Read more about making it easier for operators to help the team win.
Changing the assembly for this product spanned two weeks to organize the area and seven weeks to train and qualify the operator. Changing the spot-welding fixture spanned four weeks. The entire improvement process was completed in under three months.
There may be many strategies to achieve success, but only one right answer to continuous improvement. And that answer is… Art Stout! I’ve spent my professional life helping business owners implement the right changes so they can generate cash and grow their earnings in months, not years. My mission is to do the same for you. Let’s schedule a meeting so I can learn about the challenges you are facing, and we can create a solution.
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