- Reengineering
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At a Connecticut wire manufacturer, our suggestion to add a $250 shaft to one machine cut 800 hours of downtime and boosted production by an estimated 12,000,000 feet per year! |
- Better inventory management
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At a Massachusetts robotics manufacturer, a switch to bar code, point-of-use inventory management saved $16,200 annually in lower inventories and reduced purchasing and inventory control involvement. The company previously ordered and maintained supplies by hand. Our advice was to hire an inventory management service. |
- Troubleshooting
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At a Connecticut medical instrument maker, we eliminated $5,500 worth of downtime and machine rebuilding annually when laboratory analysis revealed improper torquing as the cause of bolt failure.
At all three companies, the dollar value of our suggestions far exceeded our 10% obligation under the Cost Cutting Challenge. |
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