Pinnacle Strategies Helps Oil and Gas Technology Provider Reduce Lead Times by More Than Two Thirds
Pinnacle Strategies helps client decrease engineering and document review hours from 89.5 to 11.
Plano, TX (PRWEB) July 19, 2013
Pinnacle Strategies, a leading international management firm, today announced that their client, a leading provider of subsea technologies for the oil and gas industry, reduce lead times by more than two thirds as a result of Pinnacle Strategies leading a process transformation from engineer-to-order to configure-to-order that dramatically reduced redundant, non-value-added activities.
Pinnacle Strategies’ challenge was the client faced redundant engineering which imposed delays and increased costs. The engineers found themselves consistently having to “reinvent the wheel” with each customer order and lead times were unacceptably stretched to twenty-nine weeks. These issues compromised the company’s competitive position, imposed excessive costs on each product, and threatened customer satisfaction.
Pinnacle Strategies delivered the required results by helping the client
-Rethink the entire process from design to delivery workflow
-Identify one common goal for everyone to work towards: reducing redundant, non-value-added activity
-Shift from a custom, engineer-to-order process to a configure-to-order workflow
-Assist engineers in creating a baseline product
-Reduce redundant engineering documents
As a result, the client’s engineering design hours per product from sixteen to five. Document consolidation proved even more dramatic, cutting review and approval time, per product/project, from 73.5 hours to six hours.
Additionally, engineer morale improved. Engineers report gratitude for being liberated from repetitive tasks so that they can focus on more challenging and more interesting design opportunities.
Read this Pinnacle Strategies case study, and many others, here (http://pinnacle-strategies.com/success-stories.html).
About Pinnacle Strategies
Pinnacle Strategies (http://pinnacle-strategies.com) is an international management consulting firm focused on operations management excellence. We work with organizations to increase shareholder value by developing high-performance business processes that significantly enhance productivity, reduce costs and time to market, improving profitability and accelerating sustainable growth. Pinnacle Strategies offers results-driven consulting solutions in the areas of performance management, project management, operations management, and supply chain.
Pinnacle Strategies is the developer of ViewPoint a service that dramatically simplifies managing projects, enabling project teams to rapidly improve project performance. The RABIT methodology is a proprietary approach that is concentrated on implementing quick response solutions with rapid results. The RABIT methodology culminates years of practical experience and expertise in continuous improvement; it consistently delivers dramatic increases in process output to deliver solutions to industrial and manufacturing firms worldwide. Pinnacle Strategies offers results-driven consulting solutions in the areas of performance management, project management, operations management, and supply chain.
Pinnacle Strategies’ new eBook, “Blindsided! Five Invisible Project Threats Successful Managers Must See” is available for download at http://pinnacle-strategies.com/lp3-test.html. The publication reveals the five key hidden project threats that can save business leaders project costs and time.
For the original version on PRWeb visit: http://www.prweb.com/releases/2013/7/prweb10940691.htm