Opportunity Assessment

Opportunity assessments are studies that take up to one week to identify areas of need. The focus can be on operations, asset utilization, technology or organizational dynamics. Existing practices and levels of execution are examined and compared to performance expectations. The assessments provide a template for improvement initiatives throughout the targeted areas and will include both short term and long term solutions.

Tactical Assessment: Short term opportunities typically include methodology, space utilization, inventory slotting, product flow-facility layout, capacity, information flow, line leadership and procedural integrity.

Strategic Assessment: Long term solutions can include leadership development/organizational structuring, asset based solutions; MHE/fixtures, technology/software applications and facility improvements or changes.

With the goal of identifying opportunities for increasing productivity, reducing expenses and improving overall performance, the opportunity assessment will concentrate on a specific set of issues or it will involve a broader scope.

Review available operational/production data
Interview operations line staff, WMS/TMS application administrative staff and senior leadership staff
Tour facility and conduct operational observations
Perform critical tasks with operating staff
Review current software system functionality
Examine operational expense ratios

Document improvement opportunities while considering:

Customer/End User Satisfaction
Information Flow
Leadership
Methods/Best Practices
Material Flow/Layout
Space utilization
Product slotting
Equipment and technology utilization
Software system capabilities
Staff scheduling
And many more …

Upon completion of the opportunity assessment, a preliminary report of findings is reviewed on site. This is followed by a formal analysis summary report which details observations and offering recommendations for issue resolution. This will include action steps and estimate high-level savings and benefits.

 

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