AUTOMOTIVE BRAKE PAD MANUFACTURING COMPANY
Due diligence on behalf of private equity fund targeting $60 million high-end aftermarket brake pad manufacturer. Cellular manufacturing implementation to drive cost reduction for period of significant growth.
RESULTS: Four-month assignment completed a redesign of brake pad painting, finishing, and packing operations (plant bottleneck) to enable 30% greater output with same equipment and personnel. New process design conserved floor space and rationalized product flows into logical families. Altered existing equipment for rapid changeovers (from 20 minutes to 2 minutes). Avoided $1.0 million of contemplated new equipment purchases. Positioned company for significant growth, consistent with strategic objectives.