Value Stream Mapping Helps Reduce Lead Time
Wepco Plastics is a specialty provider of plastic injection molded parts and rapid aluminum tooling. Wally Parmelee launched the company in his basement during the early 1980s and it’s been family owned and operated ever since. The family run business has forged a culture that focuses on ensuring customer satisfaction.
Their well-earned reputation is to continually work on producing the highest quality, American made products by investing in process improvement, training and equipment that meets their customer’s needs. The core of what they do is all about innovation which is critical to mold making and plastic injection molding operations.
Wepco is an integral part of the product design, development and production process, helping their customers bring new products to market. Through hard work, state-of-the-art machinery, and extensive experience the company delivers quality, cost-effective products, on-time and on-schedule.
A key strategic goal of Wepco Plastics is to increase market share and improve customer satisfaction.
To help achieve this, the company resolved to decrease its overall lead time from eight to four weeks per average order. One of the key processes within the business is mold making which takes up 50% (or four weeks) of the overall lead time.
By streamlining and simplifying processes within its mold making value stream, Wepco Plastics sought to reduce its average lead time. The company was also looking to streamline scheduling, resource allocation as well as collaboration through visual management. Wepco engaged the services of CONNSTEP to assist in reaching their stated goals.
Implementing appropriate continuous improvement tools can help establish a Lean culture throughout an entire organization and deliver transformative results.
Waste is plentiful in the manufacturing world, although much of it goes unnoticed, or at least unaddressed. If you’re thinking of waste purely in a physical capacity, you’re catching only a small glimpse of the bigger picture.
An efficient process was necessary to avoid adversely affecting the company as they prepared to design and develop UDI labels universally across all products.