This session will present the blueprint for ramping up a new product, specifically how to rapidly move from limited, high-cost, capacity constrained, and long-lead prototype shops to a more sustainable, scalable operation with multiple suppliers across the globe. The speakers will discuss strategies for driving direct material cost reduction while simultaneously developing high volume production. To demonstrate the effectiveness of such a blueprint, the speakers will highlight an implementation which resulted in a secured and managed mechanical supply-base to support a 500% increase in production volume within four months and in $90M annualized savings for primary assembly.
Contributors: PRTMCategories: Summit Presentations
SRC Type: Realization, Sourcing