Westcut Sourcing Solutions Achieves Significant Cost Reductions for Automotive Customer
The Brief
Westcut Sourcing Solutions was approached by an Automotive OEM, a manufacturer of a range of steering products to assist in a cost reduction exercise to allow them to maintain and improve the market share of their business.
The Solution
Westcut Sourcing Solutions conducted an analysis to fully identify and familiarise ourselves with the individual components, assemblies, and function of the parts. Included in this was an understanding of the current production methods, quality and commercial issues both current and historical.
The Benefits:
- Selection of suppliers with the right approvals.
- Full understanding of all requirements prior to production of parts.
- Quality routes defined.
- Right first time samples independently verified.
- Supply chain routes established.
- Reduced supplier base.
- Multiple processes.
- Production volumes delivered satisfactorily.
- Finished products delivered.
- Kitted parts delivered.
- Reduced logistics.
- Stockholding for call off.
Savings Achieved and Quality Maintained