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Potential
for reduction of process lead time (L/T).
The
most significant areas affected are those in operations, sales,
and finance.
Potential
for elimination of waste (Lean).
Included
in this are hard (scrap and obsolescence) and soft (less
handling
and space needed) items.
Potential
for reduction of raw material inventories.
Increased
“turns” and reduced days of inventory (DOI).
Potential for reduction of finished goods.
Most times customer satisfaction is improved.
Reduction
of order to cash L/T.
Vendor
relationship management is critical
Improved
shipping performance.
Correct
selection and utilization of carriers is paramount.
Improved
customer satisfaction.
This
is a very measurable metric.
Increased
sales.
Follows
improved customer satisfaction.
Potential
for organizational restructuring.
Skill
set improvements and more time to accomplish objectives.
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