Lowering cost is always at the top of every production department's list, but many manufacturers just shop for the lowest price and completely miss the bigger cost-saving opportunity.
A vendor managed inventory (VMI) program is a highly effective way for an original equipment manufacturer (OEM) to make both financial and operational improvements that directly impact the bottom line.
As efficiency is a key factor in successful lean manufacturing efforts, it is imperative that original equipment manufacturers (OEMs) are able to measure the finer points of their equipment and production processes.
If, after learning more about the Theory of Constraints (TOC), you think it could benefit your factory or supply chain, there's no time like the present to begin making changes.
Original equipment manufacturers (OEMs) may want to take note of the Theory of Constraints (TOC) if they haven't done so already.
Thanks in large part to reshoring efforts, U.S. manufacturing has seen a massive surge in job creation in recent months.
Wouldn't it be nice to reduce your supply chain management workload? There are ways to do just that while also improving overall production efficiency, such as a vendor managed inventory (VMI) program.
Quality is one of the most important aspects of manufacturing. Producing products that don't meet customer requirements will negatively impact sales as well as your reputation.
Original equipment manufacturers (OEMs) across the nation have been moving toward lean manufacturing in recent years, and if your company is ready to do the same, you don't have to wait to get started.
As original equipment manufacturers (OEMs) across the country and the globe move toward lean manufacturing, you'll need to stay on top of the various ways you can steer your company in the right direction.