Other Success Stories:
Situation:
Morale, organizational, quality, technology, and equipment problems had company
losing business, saw margins declining and major customers telling owners the
companies products were being made obsolete by new technologies.
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Accomplishments:
- Implemented flat line organization to develop consistent message and evaluate staff
- Built appropriately balanced team, replacing managers, and put key players in the right slots
- Identified problem areas in all functional areas
- Developed and implemented strategies and action plans to fix major problem areas
- Lead move to use of statistical tools to improve quality
- Used statistical process control tools, and formed attack teams to decrease scrap 50%
- Used statistical tools and teams to increase uptime/ productivity on machine centers 50%
- Developed new overhead reporting by process and product
- Led move new computerized material control system
- Used statistical processes to reduce tool expenses
- Planned, organized and implemented combining two plants reducing break even 25%
- Built team and provided leadership to move combined plant staff from 80% aftermarket to 95% O.E
- Led team to dramatic quality improvements leading major supplier quality awards
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Results:
- Engineered product line 10 fold;
- Combined divisions have grown 500%
- Achieved 5-year 24% sales growth and 19% growth in profits
- No customer was more than 15% of revenue
- Made Fortune list of top 100 growth companies
- Recognized as a quick to market, high quality supplier of “black box” engineered products.