CASE STUDY
RR Precision Engineering Pvt Ltd
SustainEdge Consulting helped RR Engineering, a precision manufacturing company, implement a workflow solution to manage their inventories based on production needs. The case study describes the problem faced by RR Engineering and how SustainEdge Consulting was able to provide an effective solution.
Background:
RR Engineering is a leading manufacturer of precision components used in the aerospace and defense industry. They had been experiencing difficulties managing their inventories due to the complex nature of their production process. They often faced shortages of critical components which resulted in production delays and increased costs. Additionally, they had limited visibility into their inventory levels which made it difficult to plan for future production needs.
Solution:
SustainEdge Consulting worked closely with RR Engineering to understand their production process and inventory management practices. Based on their analysis, they developed a workflow solution that provided real-time visibility into inventory levels and allowed for more accurate forecasting of production needs.
The solution involved implementing a barcode scanning system that tracked inventory movements throughout the production process. The data collected was integrated with the company’s ERP system, which provided real-time visibility into inventory levels and enabled better forecasting of production needs. The solution also included the implementation of a customized dashboard that allowed production managers to view inventory levels and forecast demand on a real-time basis.
Results:
The implementation of the workflow solution resulted in significant improvements in inventory management at RR Engineering. The company was able to better manage their inventory carrying costs and improve on-time delivery metric. The solution also allowed for better planning of production schedules which drives efficiency.
Conclusion:
SustainEdge Consulting was able to provide an effective solution for RR Engineering to manage their inventories based on production needs. By implementing a barcode scanning system and integrating it with their ERP system, RR Engineering was able to achieve significant improvements in inventory management and production efficiency. The success of this project is a testament to the value of working with a consulting firm that has expertise in developing customized solutions for specific business challenges.