When a major automotive supplier was looking to reduce its supplier base, they turned to Fasco for a different approach. The company had been purchasing a "blank" from one manufacturer, and then had to manage four other suppliers to get the product completed. As the product criss-crossed the USA for each step, it became a logistical nightmare for the customer to manage.
Using reverse engineering, Fasco identified each of the individual process steps required to make this product. We worked within the current Fasco supply chain to simplify each step in the process. Ultimately, we concluded that by rearranging the process flow and suggesting a new subcontrator, operational steps could be combined, lead time could be cut in half, and cost reduced by 30 percent. The customer liked our suggestion.
Company executives wanted to know how many suppliers would have to be engaged for this project.
The answer? Just one. Fasco.