Inventory, Capacity and Cycle Time Reduction Performance Audit

Inventory and Capacity Management in a Lean Environment

This audit is designed to be a wide ranging review of current business practices supporting Inventory Management, Capacity & Order Cycle Time and the ability of your organization's infrastructure to support these practices and future operational goals. To be most effective, our review and analysis will cover many levels of the organization, both inside and outside of Operations.

The audit is performed as a hands-on, in-the-trenches exercise designed to find disconnects between business processes, optimize inventory utlization and develop short/long term strategies to reduce costs and cycle times.

Why You Should Consider an Audit

Are you getting the most from your investment in Inventory? Has your Operations staff effectively implemented lean manufacturing and line balancing techniques designed to reduce cycle time and improve quality? Most companies would answer NO!

Rockford Consulting Group is sponsoring a performance audit of your Inventory and Capacity Management processes to ensure that you are receiving the highest possible performance and shortest product cycle times. We assess your Operations and business process infrastructure to ensure that you are prepared to take advantage of the new lean enterprise techniques being implemented by successful companies across the country.

Audit Outline

Day 1
• Review of inventory use, purpose and plans
  
• Control and accuracy study - compared to industry benchmarks
  
• Performance measures for inventory, resource capacity and throughput
  
• Formal planning process review
  

  Day 2

• Staffing and business knowledge review
  
• Resource capacity study - reviewed for continuous flow throughput
  
• High-level value stream map review
  
• High-level cycle time study - business processes and manufacturing processes
  
• Business performance barriers - what is blocking high-performance results
  

  Day 3

  Presentation to Management Including:

• Operational performance scorecard
  
• 10 Best practice indicator comparisons
  
• Key Findings
  
• Areas for Improvement
  
• Discussion of the short and long term strategies necessary to support a lean enterprise environment

Audit Format

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