Michigan Manufacturing Technology Center

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Presentation transcript:

Michigan Manufacturing Technology Center National Institute of Standards & Technology (NIST) Manufacturing Extension Partnership (MEP) Michigan Manufacturing Technology Center Michael McGray, I.T. Manager www.mmtc.org 1-888-414-6682

An exclusive service of Michigan Manufacturers Save $$$ Performance Benchmarking Service The Michigan Manufacturing Technology Center is a leading source of performance benchmarking data for manufacturing. Since 1992, MMTC has collected vital operating data on small to medium sized manufacturers across North America. Measuring more than 80 key metrics, our database now exceeds 11,000 records. All individual company information (input data and outputs reports) are kept strictly confidential. An exclusive service of Michigan Manufacturers Save $$$ In partnership with the MEDC, Michigan manufacturers (with fewer than 500 employees) can receive one customized benchmarking report each year at no cost. www.performancebenchmarking.org

Amazingly, few companies really know how they stack up to their competition! Perception Cumulative % Answering Reality Cumulative % Self-Ranking

PBS results will help answer the question “Where do we start?”. Attack scrap & rework? Change payment terms / reengineer collections? Cut inventory levels? Stick to schedule? Less bumping Lower premium freight Attack late deliveries? Attack machine downtime? Attack energy use? Attack employee turnover? Get Lean in the office?

MMTC’s Transformation Planner Developed in the late 1990’s Proprietary tool of MMTC Licensed for use only to other MEP’s Compares against “best in class” Projects monetary impact of improvements Recently enhanced to include the impact growth opportunities Data is refreshed from the “big” PBS database

Transformation Planner: Estimating the $ VALUE of Improvement and Growth Compares your facility to your competition defined by: Industry sector Customer Market Order Volume and Repetitiveness Places a $ value on feasible levels of improvement Using data, it shows you the likely payoff of recommended improvement efforts and growth

Transformation Planner Evaluates: Gross Margin Inventory Turns Value-Added per Full Time Equivalent (FTE) Machine Utilization Order Bumping / Expediting Scrap and Rework / COGS Utilities Expense / Sales Premium Freight / Sales On-Time Delivery Days Receivable

Transformation Planner Provides Benchmark comparison to companies in your industry sector Ability to set realistic improvement targets for clearly understood performance metrics Calculates one-time and recurring annual financial benefits

Operational Assessment Completion of confidential questionnaire to run initial Transformation Planner Facility tour by two member MMTC team Interview key managers Validate data Survey all employees Comprehensive report out to team Team attends MMTC LEAN Executive

Created a Suite of Tools Mobile Application Process Driven Module Real Time Benchmarks Community (Incorporate Partners)

Michael McGray 734-451-4280 Thank you. for more information... Michael McGray 734-451-4280 Thank you.