Challenge: An international manufacturer of medical beds was experiencing dramatic growth, inconsistent quality, and down time due to missed shipments. The metal stamped components had extremely high aesthetic and tight tolerance quality requirements. Their production fallout was actually shutting down their assembly lines causing missed shipments to their end customers.
Harvey Vogel Manufacturing Co. Solution: After several meetings with their management team and several visits to both facilities, Harvey Vogel Manufacturing Co. came up with a vendor managed inventory system to ensure just-in-time shipments to their facility and ultimately, their production lines.
- Overall stamping procurement cost reduced by 20%
- Overall inventory cost reduced by 5%
- Production shut downs completely eliminated.
- On-time delivery reached 100%