Uncovering Value in Complex Manufacturing
By Jason Bonnet, Managing Director, Consumer Products, Integrated Project Management Company, Inc. Identifying and unlocking value in manufacturing can be challenging. When demand spikes, even…
A seasoned manufacturer of upset and press forgings was growing beyond capacity. Sales were four times what they were eight years ago and steadily rising. The manufacturer needed to increase production output to meet projected demand.
IPM’s Challenge
IPM was engaged to evaluate the feasibility of expanding operations at the manufacturer’s existing site, which would include an assessment of capital expenses, shop floor layout, and material flow.
IPM’s Approach
Optimal Recommendation Rationale
IPM thoroughly analyzed each alternative and selected an optimal solution based on:
Results
IPM exceeded the client’s expectations with a plan that was cost-efficient, optimized for material flow, and could be executed in a timely manner. It would significantly improve manufacturing operations and provide a foundation for the manufacturer to meet projected product demand. The VP of Operations noted that IPM’s solution was not obvious to the team, however, because IPM educated the company throughout the analysis, the team is confident in the recommendation.
Service: Capital Project Management
Industry: Industrial