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For many automotive Tier 1 suppliers, tracking their inventory is sometimes as challenging as manufacturing the parts themselves. Westin, WI-based Precision Replacement Parts (PRP) can attest to this statement.
Experience, foresight and a reliable enterprise resource planning (ERP) system are the keys to cutting expenses throughout the wire harness assembly process.
In the marketing world, a pair of scissors is all that's needed to cut expenses. But, in the real world of business, scissors are the last thing company executives need near them during the stressful process of deciding where to reduce costs.
Makers of insulated glass use a variety of custom machines in their production facilities. Gas filling, glass handling and glass storage machines are three of the most common types.
Diversification is just as important for company managers as it is for individual investors. Both parties know it helps ensure growth without being dragged down by any one declining market sector.
Nobody's perfect. Even the best trained, most experienced assemblers can make mistakes on the line, especially in high-mix production environments. Fortunately, a variety of software products are available to help prevent assembly errors.
To survive in today's new world of technology, mobility and market changes, the automotive supply chain has no choice but to perform future scenario planning for the long term.
Bearing manufacturers face a plethora of challenges every day, regardless of where they are located and the industries they serve. One such company is Philadelphia-based Kingsbury Inc., which has been around for 108 years, and is recognized as a technological leader in the development of all types of bearings for rotating machinery.
