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EntSun News/10721755
Training to enhance employee skills delivers RESULTS!
HAZLET, N.J. - March 22, 2018 - EntSun -- Spotlight on Training: Advanced Problem Solving
How one company used lessons from our Advanced Problem Solving course to solve an inventory problem and save money!
Applying a consistent problem solving methodology to identify root cause and eliminate it can not only save money, but also improves customer satisfaction. Here is an example of how one company used our Advanced Problem Solving class to eliminate inventory errors and improve customer satisfaction.
The Company: A processor and packager of food products
The Course: Advanced Problem Solving
The Situation: Packaging material roll stock inventory was inaccurate, resulting in stock-outs, rush orders to replenish stock, expediting fees and shipping delays, negatively impacting customer satisfaction.
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The Outcome: The class investigated for root cause using various tools learned in class: brainstorming; cause-and-effect diagram; and check sheet to determine that: set-up and start-up losses were not factored into material usage calculations, resulting in the inventory inaccuracy and also resulting in incorrect standard costs. These were corrected and inventory accuracy improved to 99%, saving $6400 in annual expediting expense plus the labor for recounts.
ManageAssist, Inc. is a corporate training firm. Since 2000 we have been offering customized training programs that are specifically designed to meet the ever growing needs of today's organizations. Our Customized Practical Training provides employees with practical knowledge and skills so important in achieving organizational objectives, enhancing their careers, and boosting your organization's bottom line.
To schedule a phone conference to provide you with information about our course offerings please visit us at www.manageassist.com
How one company used lessons from our Advanced Problem Solving course to solve an inventory problem and save money!
Applying a consistent problem solving methodology to identify root cause and eliminate it can not only save money, but also improves customer satisfaction. Here is an example of how one company used our Advanced Problem Solving class to eliminate inventory errors and improve customer satisfaction.
The Company: A processor and packager of food products
The Course: Advanced Problem Solving
The Situation: Packaging material roll stock inventory was inaccurate, resulting in stock-outs, rush orders to replenish stock, expediting fees and shipping delays, negatively impacting customer satisfaction.
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The Outcome: The class investigated for root cause using various tools learned in class: brainstorming; cause-and-effect diagram; and check sheet to determine that: set-up and start-up losses were not factored into material usage calculations, resulting in the inventory inaccuracy and also resulting in incorrect standard costs. These were corrected and inventory accuracy improved to 99%, saving $6400 in annual expediting expense plus the labor for recounts.
ManageAssist, Inc. is a corporate training firm. Since 2000 we have been offering customized training programs that are specifically designed to meet the ever growing needs of today's organizations. Our Customized Practical Training provides employees with practical knowledge and skills so important in achieving organizational objectives, enhancing their careers, and boosting your organization's bottom line.
To schedule a phone conference to provide you with information about our course offerings please visit us at www.manageassist.com
Source: Manage Assist, Inc.
Tags: Manufacturing
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