CINCINNATI --(Business Wire)-- March 3, 2006 -- Is competition working smarter overseas?

Ford and General Motors are not the only U.S. companies uneasy about their economic futures. Production rates, quality and labor costs are increasing concerns for U.S. business executives, especially in the manufacturing industry. Overseas manufacturing is booming, placing America's role as a global manufacturer in constant competitive jeopardy. To restore jobs and to boost the economy, U.S. manufacturing companies need to work smarter, quicker and "leaner," say optimization experts at TechSolve.

Since 2002, TechSolve has helped U.S. companies save $169,939,475, generate $351,683,600 in increased sales and retain over 2,215 U.S. manufacturing jobs through implementing lean manufacturing strategies and eliminating waste in machining operations. Founded in 1982, TechSolve is a team of engineers and business executives. TechSolve has worked with hundreds of U.S. companies in a wide spectrum of industries, including processing companies and discreet parts manufacturers in the automotive, aerospace, defense and metalworking industries. For each, TechSolve services have increased efficiency and product throughput.

TechSolve president Gary Conley says, "We are a global society. Improving a company's manufacturing and business processes is not simply an option - it is a requirement. The lean enterprise is a competitive advantage that focuses on innovation and continual process improvement to eliminate wastes, increase profits and foster a successful future for U.S. companies."

The Global Marketplace

With technology increasing at an exponential rate, the global marketplace is expanding. International commerce is on the rise, and more businesses are outsourcing to companies overseas. Why? Typically, labor is less expensive and many CEOs and operations leaders look first to cut labor - usually the largest cost of doing business for most American industries. While TechSolve agrees that savings and efficiencies can occur with labor costs, it pays first to look at how effectively an overall operation is run, from simple things such as more efficient machining, eliminating non-value adding activities in operations, reducing front office waste, improving procurement techniques and better energy management.

Conley says, "From the plant floor to the front office, American companies too often spend inordinate amounts of time and money. Lean implementation encompasses all aspects of a company's operations and identifies wastes in all areas ranging from engineering processes, machining, fluids metalworking, strategic procurement, continuous training and even energy and pollution prevention."

Recently, one of the largest U.S aerospace companies that manufactures commercial jetliners and military aircrafts partnered with TechSolve for a strategic supply chain initiative surrounding a military guidance system. Looking to increase capacity, on-time delivery, and quality of products, TechSolve project engineers completed a series of assessments and rapid improvement projects. TechSolve recommended a re-design of the manufacturer's supplier inventory management system which when implemented resulted in $38 million in cost savings, $180 million in new investments, the creation of 50 jobs and retention of 129 jobs.

Conley says, "American workers take pride in their jobs. Increasing productivity and eliminating waste affects more than just profits, but also significantly enhances the chances of American companies to survive and thrive in today's global marketplace."

Conley added that a sure warning sign is the CEO saying that a company must increase productivity and profits at the same time that operations executives say they cannot push any additional work through a system.

About TechSolve

Founded in 1982, TechSolve is a team of business experts and engineers who represent some of the best thinking in the world on how to make your organization more successful. Through a hands-on approach, TechSolve's industry experts: implement lean and other productivity improvement and cost reduction projects at the enterprise and supply chain levels; support new product development and growth planning; help program and product managers reduce the cost of metallic engineered parts and develop advanced manufacturing tools and technologies. Headquartered in Cincinnati, OH, TechSolve has 60 employees and over 200 companies in its membership organization. More information can be accessed at www.techsolve.org or by calling 513.948.2000.

Editor's Notes

Conley available for interview

Photos and case studies available

[ Back To Homepage ]

Real time alerts

The World's Largest Communications And Technology Community

Technology Marketing Corporation,
800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800; Fx: 203-866-3326
General comments: tmc@tmcnet.com. Comments about this site: webmaster@tmcnet.com.

» About » Contact » Advertise