Elimination of unnecessary stock and reduction of Work In Progress (WIP) improves cashflow.
We all accept that ‘cash is king’ and by working with PP C&A, you could drastically improve your working capital and cash conversion cycles.
PP C&A will take ownership of the supply chain and ensure manufacturing is aligned to your precise needs, operating on both pull (Kanban), JIT and discrete purchase order methodologies with the clear aim to deliver to the exact date you need it. Transferring ownership of the supply chain to PP C&A will ensure true efficiency in resource allocation.
For outsourcing to deliver the maximum benefit, then the activities associated with purchasing and supply chain management should be included. The outsourcing partner should have the capabilities and skills to inherit, manage and develop the associated supply chain.
If you still have to manage parts of it and the associated costs of purchasing/logistics that go with it, then you are not going to see the true benefits.
An outsourced solution clearly creates a fixed cost of ownership for the customer, taking away the variability associated with overall volumes, batch sizes, fluctuations in material costs, internal direct costs (typically driven by variations in efficiency) and overhead cost amortisation.
Other (often) hidden costs of over-production, excess inventory, scrap and waste, over time costs etc. are all eliminated when an outsourcing solution has been designed and implemented successfully.
You might be interested in the PP C&A 3D Process guide.
Take your first steps to realising growth potential by making outsourcing part of your manufacturing strategy. This guide details every stage of the outsourcing procedure.
We call it the 3D process: Discovery, Decision, Delivery.
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This book collects a series of published content on the topic of supply chain disruption from leading voices at PP Control & Automation and the wider UK manufacturing community. It details not just the disruption at play, but also the opportunity to break the cycle and take back control. Together, we’ll come out the other side buoyant with greater resilience than ever before.
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There should always be a process of consideration when selecting the right outsourcing partner and understanding how that partner delivers against your requirements. That’s why PP C&A introduced the 3D process. It clearly defines the whole journey into three specific stages: Discovery, Decision, Delivery.
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This collection of case studies examines some of the recent strategic outsourcing partnerships delivering against several business pains for machine builders and OEMs. This guide collects case studies published during 2021.
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This guide highlights key technical supplier relationships covering a broad set of categories, from industrial design support and access to academia, and automation and legislation partnerships, to packing and shipping finished goods, all designed to add sought after value to customers.
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As a manufacturer of machinery, how confident are you that you are meeting the legal and technical requirements of the US and North American markets? Confusion in respect to UL508A and NFPA standards can be extremely costly.
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