.comment-link {margin-left:.6em;}

The Sixth Sigma: Achieve Breakthrough Performance Using Six Sigma

Monday, March 22, 2010

Nortech Systems Lean Manufacturing

Nortech reports challenging results for its fiscal year after leveraging lean manufacturing to support its cost and cash management strategies. ...

... "Degen concluded, We're also continuing to lower Nortech's cost structure by aggressively leveraging our lean-manufacturing initiative, which is realizing dynamic, ongoing contributions to our operations. " ...


Via Interconnection World: Financial Results

Labels: , , , ,





Kimberly Clark implements lean with force

Kimberly Clark brands its cost reduction initiative as FORCE (Focused On Reducing Costs Everywhere), which is enabled by lean methods. ...

... "Brickman also outlined a new three-year plan to deliver an additional $400 to $500 million of FORCE savings from 2011 to 2013, with expected benefits from the continued rollout of lean manufacturing and supply chain practices and from the formation of a global procurement organization. " ...


Via MSN Money: Kimberly-Clark Market Report

Labels: , , , ,





Saturday, March 13, 2010

Pall Lean Manufacturing Execution

Pall CEO embraces lean manufacturing
Eric Krasnoff, Pall Chairman and CEO, discusses the company's improving finances and its performance with execution on lean manufacturing projects. ...

... "Pall's strong financial position continues to improve as you've heard, including working capital and the cash conversion cycle. And Pall has a solid track record of reducing global footprint, managing expenses and executing on lean manufacturing initiatives. " ...


Via Seeking Alpha: Pall Corp Earnings Call

Labels: , , , , ,





Tuesday, February 23, 2010

Lean drives controllable objectives for Tennant

Margins, earnings and cash continue to improve for Tennant Company as it reports 2009 Fourth Quarter and Full Year Results. ...

... "Consistent with its guiding principles, Tennant adjusted to 2009's low growth economy, without sacrificing the company's long-term potential; prudently allocated scarce resources to initiatives that position the company to deliver against controllable objectives, such as savings from global, low-cost sourcing and lean manufacturing initiatives and investments in key research and development projects ... " ...


http://bit.ly/dk0MwF

Labels: , , , ,





Thursday, November 12, 2009

Accelerated Lean Manufacturing Boost Earnings

SL Industries accelerates its lean initiatives to expand margins as revenue declines over twenty percent. SL Industries designs, manufactures and markets power electronics, power motion and power protection equipment that is used in a variety of industry applications. The company generally sells to OEMs. ...

... "In anticipation of a prolonged recession, we effected contingency plans in the first quarter to reduce the Company's cost structure and lower its breakeven point. With an intense focus on internal improvement, management also accelerated several lean manufacturing programs throughout the organization to increase productivity. The Company's results in the third quarter reflect these actions, as earnings increased on sharply decreased revenue. " ...


Via RTT, SL Industries: Third Quarter Financial Results

Labels: , , , , , ,





Tuesday, October 27, 2009

Tennant Lean Manufacturing Principles Adjust to Low Growth Economy

Tennant sees sequential revenue growth and is managing margins well through lean and procurement levers. ...

... "Killingstad concluded: Throughout this year we have adhered to Tennant’s guiding principles. They are to adjust to 2009’s low growth economy, without sacrificing the company’s long-term potential; prudently allocate scarce resources to initiatives that position us to deliver against our controllable objectives, such as savings from global, low-cost sourcing and lean manufacturing initiatives and investments in key research and development projects; and optimize cash through conservative planning, discipline in capital expenditures and a focus on working capital management. " ...


Via Tennant Company: 2009 Third Quarter Results

Labels: , , , , ,





Thursday, October 08, 2009

China Lean Sigma Level Challenge

Targeting the China growth market is a good strategy. Manufacturing in China brings challenges that include high defect rates, low quality control, and barriers to lean adoption. ...

... "For every million parts produced in Chinese plants, the median rejection rate is 50,000, compared to U.S. plants' media rate of 100 parts per million produced. Plus, poorly educated Chinese workers makes it difficult for companies to successfully implement lean initiatives. " ...


Via Jacksonville Business Journal: China Manufacturing

Labels: , , , , , , ,





Friday, May 08, 2009

Lean Manufacturing Core to Strategic Principles at Tennant

Tennant Company Lean Manufacturing
Tennant's lean manufacturing initiatives are core to its strategic principles and will enable the company to navigate the business cycle successfully. Tennant discusses its strategies and actions to compete and thrive in its markets. ...

... "To that end, our efforts this year center around three guiding principles. First, adjusting to the low growth economy without sacrificing the company’s long term potential. Second, prudently allocating scarce resources to initiatives that position the company to deliver against controllable objectives such as increased savings from global low cost sourcing and lean manufacturing initiatives, reduced selling and administrative expenses, and investments and research and development projects such as ec-H2O to drive sales growth. And third, optimizing cash in an uncertain environment through conservative planning, increased discipline in capital expenditures, and a heightened focus on working capital management. " ...


Via Seeking Alpha: Tennant Company Earnings Call

Tennant Restructuring: "Its strategic priorities remain: employing continuous process improvement; improving operational excellence through lean manufacturing initiatives and a global, low-cost sourcing platform; and growing sales through innovative new products and service solutions, as well as through international market expansion. "

Lean Manager position at Tennant in Minneapolis MN.

Master scheduling at Tennant using lean manufacturing.

Labels: , , , , , , ,





Thursday, August 28, 2008

Standex Lean Manufacturing Initiatives Increase Operating Income

Standex reports excellent financial results buoyed by its efficiency programs. ...

... "We also continued to see steady top-line growth from our recently created Mold Tech texturizing operations in Turkey, Eastern Europe and China. The lean manufacturing initiatives we implemented in the past year, cost reductions and higher sales volume enabled us to generate a threefold increase in operating income in the quarter. " ...


Via Standex: Fourth-Quarter and Year-End Fiscal 2008 Financial Results

Labels: , , , , ,