Identify Opportunities for Operational Improvements
MMTC's Transformation Planner is the ideal tool for charting your company's journey to achieve lower costs and higher profitability. The Transformation Planner starts by benchmarking your data to show 9 key metrics in comparison to other companies within your industry sector.
The Transformation Planner allows companies to model how much capacity can be made available by implementing production improvements. It estimates the resulting opportunities for growth that can occur with no additional investment in machinery and with no increase in production hours.
- Inventory Turns
- Scrap and Rework
- Premium Freight
- Days Receivables
- On-Time Delivery
- Machine Run Hours
- Schedule Bumping
- Employee Turnover
The process begins by completing a Competitiveness Review or PBS questionnaire. Once the responses are analyzed by MMTC and entered, the initial Transformation Planner report is generated. For companies enrolled in MMTC’s Leadership-in-Action Innovative Strategic Planning, this initial report is then reviewed during an on-site operational assessment to determine the validity of the input data and to identify improvement opportunities.
Once final targets have been established, the Transformation Planner calculates the potential onetime and recurring annual financial benefits of reaching those targets. A main benefit to achieving those targeted improvements is the increase in available manufacturing capacity. After the implementation of improvements, companies often find that they can efficiently complete their orders with fewer production hours. With the additional capacity, the opportunity exists to find and fulfill more production orders, all while keeping their operation just as busy as before.
The Transformation Planner allows companies to model how much capacity can be made available by implementing/achieving production improvements. Thereby it estimates the resulting opportunity for growth --- growth that can occur with no additional investment in machinery and with no increase in production hours.