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TBM Consulting Group Launches New Rapid Rightsizing Practice
Extreme Lean SWAT teams to help manufacturers adjust to downturn; LeanSigma guru Ken Koenemann to lead new practice
Durham, NC — March 30, 2009 — TBM Consulting Group has launched a new "Rapid Rightsizing" practice that deploys "Extreme Lean SWAT teams" to help manufacturers quickly adjust to the current economic downturn.
The consultancy said its "Rapid Rightsizing" teams can help companies quickly align capacity with demand, reduce inventory levels, make assets more productive and reduce excess costs that consume cash.
As access to capital and credit increasingly narrows for the manufacturing community, the need to quickly eliminate waste, reduce working capital and increase cash flow are pivotal to many manufacturers' survival.
While layoffs, plant closings and price increases may seem inevitable in this period of economic downturn, they can be mitigated by short-duration projects designed to drive immediate cost reductions or improve cash flow, without sacrificing quality and service levels.
Ken Koenemann, a seasoned lean expert with over 25 years manufacturing experience, is leading TBM's "Rapid Rightsizing" practice. The SWAT teams are available for deployment on a global scale immediately.
Using a mix of Lean tools and tactics, the teams are intended to help clients identify and eliminate wasteful activity associated with working capital, underutilized labor or equipment, excess floor space, cost of poor quality and energy consumption.
Each project ranges from 90-120 days. The kinds of potential improvements that can result, TBM said, include 15-50 percent reduction in raw material inventory, 10-45 percent reduction in finished goods inventory, 30 percent or greater improvement in productivity and five-10 day reduction in accounts receivable days sales outstanding.
"The reality right now is that manufacturers are being forced to quickly resize their business due to the rapid constriction of consumer demand for all types of products and services," said Bill Schwartz, executive vice president with TBM. "To help them emerge stronger, 'Rapid Rightsizing' will allow manufacturers to maintain liquidity and profitability by shining a light on wasted costs they can't see on their own and positions them for growth when the market recovers."
Headquartered in Durham, N.C., TBM Consulting Group offers LeanSigma Consulting and Training Services in North and South America, Europe and Asia. The company employs more than 150 consultants on five continents in seven languages across the globe.
The consultancy said its "Rapid Rightsizing" teams can help companies quickly align capacity with demand, reduce inventory levels, make assets more productive and reduce excess costs that consume cash.
As access to capital and credit increasingly narrows for the manufacturing community, the need to quickly eliminate waste, reduce working capital and increase cash flow are pivotal to many manufacturers' survival.
While layoffs, plant closings and price increases may seem inevitable in this period of economic downturn, they can be mitigated by short-duration projects designed to drive immediate cost reductions or improve cash flow, without sacrificing quality and service levels.
Ken Koenemann, a seasoned lean expert with over 25 years manufacturing experience, is leading TBM's "Rapid Rightsizing" practice. The SWAT teams are available for deployment on a global scale immediately.
Using a mix of Lean tools and tactics, the teams are intended to help clients identify and eliminate wasteful activity associated with working capital, underutilized labor or equipment, excess floor space, cost of poor quality and energy consumption.
Each project ranges from 90-120 days. The kinds of potential improvements that can result, TBM said, include 15-50 percent reduction in raw material inventory, 10-45 percent reduction in finished goods inventory, 30 percent or greater improvement in productivity and five-10 day reduction in accounts receivable days sales outstanding.
"The reality right now is that manufacturers are being forced to quickly resize their business due to the rapid constriction of consumer demand for all types of products and services," said Bill Schwartz, executive vice president with TBM. "To help them emerge stronger, 'Rapid Rightsizing' will allow manufacturers to maintain liquidity and profitability by shining a light on wasted costs they can't see on their own and positions them for growth when the market recovers."
Headquartered in Durham, N.C., TBM Consulting Group offers LeanSigma Consulting and Training Services in North and South America, Europe and Asia. The company employs more than 150 consultants on five continents in seven languages across the globe.
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