My Industry is... Manufacturing
Year after year the manufacturing industry becomes increasingly competitive due to global pressures, federal regulations, excess capacity and eroding margins. To stay competitive, today’s manufacturer needs to be lean. The pressures to increase efficiency, eliminate waste, and use practical methods to reinvigorate outdated and redundant protocol are unavoidable.
Manufacturing organizations are looking to technology to improve its time to market and bottom line. Gaining control of your business processes with the right tools can help you achieve:
- An increase in labor utilization by 10-20%
- An increase of assets usage by 3-5%
- An increase in warranty recoveries by 10-50%
- A decrease of inventory carrying costs by 20-30%
- A decrease of space, lease and facilities management costs by 20-35%
- A decrease of utility bills by 5-25%
CFI has helped numerous organizations in the manufacturing industry to make the most effective use of people, processes and technology to reduce and control costs, accelerate project planning, and improve effectiveness while at the same time stripping away unnecessary expenditures.
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* Source: Gartner/IBM Corporation/CFI/Various Customers
