Value stream mapping: Implementation meets with success at Baltic Metalltechnik
Wassermann helps improve throughput times from 64.5 to 35 days in supply chain streamlining project
Wassermann management consultants helped Baltic Metalltechnik introduce efficient logistics processes modeled on the material flow principle at the company's Grevesmühlen location. The targets defined after performing value stream mapping of the supply chain were attained with the project's conclusion. The aim of the change management project was to continue manufacturing in an all in all quality aware and timely fashion and at minimal cost. To this end, Baltic Metalltechnik for one part succeeded in reducing in-house logistics complexity and stock levels significantly. For the other, in order to increase productivity, production stages were consolidated, process oriented workflows were initiated, and the production flow was streamlined by identifying and eliminating capacity bottlenecks.
The achieved efficiency gains in manufacturing workflows helped cut the average order throughput times from 64.5 to 35 working days. This is equivalent to a reduction by more than 45 percent. At the same time, Baltic Metalltechnik succeeded in lowering production costs by 4.1 percent, measured in working hours. By streamlining warehouse and in-house logistics including consolidating storage sites, the company managed to reduce bound capital by 5.6 percent and the in-house logistics processing effort dropped by 37.4 percent.
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Baltic Metalltechnik GmbH is a manufacturing company producing mechanical parts, thin sheet metal and subassemblies at its locations in Hamburg and Grevesmühlen. Baltic Metalltechnik offers a broad range of metal machining and sheet metal working technologies, an offering complemented by comprehensive service support.
Together with the metal machining and sheet metal working services provided by Hauni Hungaria Gépgyárto Kft. in Pécs, Hungary, Baltic Metalltechnik forms Hauni Maschinenbau AG's Manufacturing Network within the Körber Group.
Wassermann AG offers software solutions and management consulting for supply chain excellence. For the past 25 years, Wassermann has been supporting medium-sized production companies and international corporations alike to optimize their value-added chains and increase their logistical performance.
The approach adopted by the Wassermann Management Consultants combines industry best practices with innovative consulting concepts and extensive IT expertise. Wassermann offers consulting in the fields of procurement management, production management, after-sales services, and information technology, with measurable and sustainable benefits for its customers always having top priority.
In the field of software solutions, the way standard software adds valuable SCM functionality to ERP applications. This leads to integrated overall solutions, enabling vertically and horizontally integrated process planning and controlling. The result: Companies become more efficient, more transparent, and more profitable.