- Cut 40% off product development timeline
- Generated $800K annual savings by reducing defect rate
- Saved global manufacturer from bankruptcy by retooling operations
- Executed “eleventh-hour” multinational tech transfer for global confectioner
- Relaunched 2,700 private label products
Exceptional project management consulting. Consumer goods companies must be quick to respond to market trends while maintaining cost controls. IPM applies the discipline of project management to boost food and beverage, health and beauty, household, and other consumer product companies. Working on-site to create and implement realistic plans, IPM’s expertise leads you through the project maze to get your products out the door and into the hands of your consumers.
Results we’ve achieved for our clients:
Where we can help:
- Facility construction and relocation
- Product and technology development
- Portfolio and resource planning
- Lifecycle management
- Technology and manufacturing transfer
- Regulatory submission and compliance
- Launch readiness and commercialization
- Supply chain and manufacturing optimization
- M&A - due diligence and integration
- Quality assurance
- Business process improvement
- Capital planning
- Geographic expansion
- Project Management Office creation and enhancement
HOW WE’VE HELPED OUR CLIENTS:
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Six sigma approach cuts defect costs by $800K per year
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Six sigma approach cuts defect costs by $800K per year
Challenge A surfacing materials company wanted to find the root cause of increasing defect and scrap rates from one of its plants and permanently reduce waste.
Approach IPM focused on two facets: personnel and methods, and equipment failures. We determined that machine-related breakage, improper workstation layout, and operator mishandling were the predominant causes of the defects and recommended that new equipment be installed.
Results Monthly product breakage was reduced and created an immediate annual savings of $800,000.
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Compressed retailer’s product line review cycle time by 50%
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Compressed retailer’s product line review cycle time by 50%
Challenge A leading retail chain faced eroding sales and market share and needed an optimized process and program that would reduce wholesale and retail product prices.
Approach IPM facilitated the development and implementation of a structured review process and created standardized tools to ensure that the retailer was providing the best, most cost-effective products.
Results IPM successfully led the successful execution of 50 product category line reviews, resulting in significant cash savings. We optimized and streamlined processes and compressed the overall process cycle time from 8 to 4 months.
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