CONSULTAMEX's services are designed around helping you produce more quality parts in less time. We have found that a large percentage of metalstamping plants operate at less than 35% efficiency. This means that by improving your productivity/efficiency just a little, your bottom line will grow substantially. The following figures show the increase in pre-tax profits by increasing by ONLY 1% your plant's efficiency rating:
Current rating |
Change in pre-tax profits from an increase of 1% in efficiency |
25% |
40.0 % |
35% |
28.5 % |
50% |
20.0 % |
These are substantial numbers when you consider the average profit of a metalstamping plant is 6%.(This figure does not factor in added value features such as subassemblies.)
Because of our many years of experience seeing the same problems at hundreds of plants, Consultamex offers four main areas of focus:
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Efficiency studies |
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Labor productivity |
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Machine and equipment utilization diagnostic. |
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Plant relocation study and assistance. |
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All four take into account the unique needs of your plant, so that a dramatic, positive effect can be realized on your bottom line. Based on the outcome of the surveys or studies, we will provide recommendations and if so desired we can work with you on implementing those recommendations. Below you will find a description of each.
Efficiency Study
Our efficiency study will determine at what rating your plant is running, as well as point out the areas that need improving. This study involves three facets, labor, equipment utilization, and process methodology (Many people use the word lean manufacturing). We focus on your manufacturing goals, taking into account your unique challenges. It is not about a cookie cutter set of instructions. It is about real solutions. The benefits are you will have the facts at your disposal to substantiate financial resource allocation and personnel training so as to increase your overall profits.
Labor Productivity Surveys
Labor productivity surveys (The people side) deals with helping you determine where potential profits are being lost through your employee’s involvement in the metalforming process. We do this through extensive questionnaires, personnel interviews, and on-site observations that will help determine the what and why of their methodology that is causing profit leaks. Once surveys are completed and discussed with management, we can work with you to put in place the necessary systems to get the most out of your individuals, teams and ultimately the company. Understanding the labor force, and implementing systems targeted at a company focus as opposed to an individual just performing a function, will result in huge dividends to your organization's bottom line.
Machine and Equipment Utilization
We survey your machines and equipment to determine if they are being utilized at their full capacity. Most often we see that they are not, or because of their design and use are creating substantial downtime. Not only do we focus on the equipments utilization, we also look at how their arrangement is affecting or being affected by the flow of materials. The survey pinpoints where the problems lie and what corrective measures need to be implemented to increase your operations efficiency thereby growing your profits.
Plant Relocation Study and Assistance
Most companies move to Latin America for “cheap labor”. We believe in moving to Latin America to provide your customers who are there with better service and parts. We have told clients that wanted to move just for cheap labor to work with someone else. We are not about helping people find cheap labor; They can find all of them in Bangladesh. We are about helping our clients be the best they can be.
That said, Consultamex has over the years been asked to help companies start up operations in Latin America. Why? Because we are only dedicated to the metalstamping industry, we are very knowledgeable about our industry and doing business in Latin America, we know who the players are, we speak the language (Business and Industry), we know your challenges and can help you overcome them and for almost 20 years have been working to improve the Latin American metalstamping industry. Not only do we help you make a decision about whether and/or where to open a facility in Latin America, we help you organize it, staff it with key positions, and train the staff, always keeping in mind that you need to produce the most quality parts in the least amount of time. It is about being the best.
You will find there are many companies that can provide information about costs and the area, but our industry is unique and it needs an organization that understands our industry and challenges always keeping your end goal in mind of producing the most quality parts in the least amount of time, not just finding the location to put a plant.