Client Testimonial
"We are
using Supply Velocity's Lean Six Sigma methods to analyze a variety of
processes including rationalizing SKUs (stock-keeping-units). By using math to evaluate SKUs we took some
of the emotion out of our decisions. We
expect significant increases in sales and productivity from reducing poor
performing SKUs. "
Mark Kelso Director of Process
Improvement
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What is Mitch Doing?
Mitch is conducting a Lean Six Sigma workshop for 36 of a global Client's middle managers.
If you have ever been through our "Non-Lean" simulation you will recognize Mitch "yelling" at one of the "employees" and telling her to get moving!
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Finding Cost Reductions in the Value Stream - We used Value Stream Mapping to evaluate costs from "Field
to Table".
- All processing costs were analyzed. The scope was to attack overhead costs and
processes that were increasing expenses or reducing sales. "Costs of goods sold" was excluded.
- Examples of processing costs were distribution direct labor,
store direct labor, purchasing labor, management labor, accounting labor and
transportation costs.
- A cross functional team of employees was formed including
accounting, retail store , distribution center, marketing,
purchasing and merchandising.
- All departments that had a role in purchasing, advertising,
distributing, retailing and accounting were mapped. An overview of the departments and processes
analyzed using time study and financial data is shown on slide 1 of
http://www.supplyvelocity.com/files/Field_to_Table_June_2010.ppt
- Labor functions were time studied.
- Outside purchased service costs were gathered.
- In addition, observations during the time studies led to other cost-reduction opportunities.
- The team identified 30 cost reduction opportunities. See Slide 2 for the entire list.
- Starting on Slide 3 is a more detailed explanation of the top 4 cost reduction opportunities.
- Results
were presented to senior management who initiated Lean Six Sigma teams, under
our guidance to realize these savings.
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