By getting the right input into the process by assessing market and customer needs, we were able to increase our fill rate levels, therefore our invoicing, while reducing our net working capital at the same time.
New London, NH (PRWEB) September 30, 2010
Oliver Wight Americas, Inc., the global management consulting firm that developed S&OP (sales and operations planning), announces the designation of two simultaneous Class A awards to Henkel Mexicana AC Division for successful implementation and execution of a continuous improvement program.
The Oliver Wight Operational Excellence in Planning and Control Processes, based on the Fifth Edition Checklist, and the Oliver Wight Class A Milestone Award in Capable Planning and Control, based on the Sixth Edition Checklist for Business Excellence, were awarded to the company for its improvements realized from the "Proyecto Impacto" process in multiple Class A arenas, as defined by Oliver Wight's management consulting framework.
The Adhesives Division Board of Directors made the decision to launch a sustainable continuous improvement program, including sales and operations planning (S&OP / IBP), an initiative utilizing the Oliver Wight structured methodology, to improve business performance from an existing "Class D" level. By focusing on planning and control using the Checklist for Operational Excellence, Henkel Mexicana AC Division has improved its inventory record accuracy above the Class A threshold of 95%, and currently ranks customer on-time shipment performance above 98%. These efforts have become the foundation of their journey to sustainable high performance and profitability.
Jorge Trevino, General Manager of Henkel Mexicana AC Division stated, "Proyecto Impacto addressed the basic needs our company had to achieve our strategic goals. By getting the right input into the process by assessing market and customer needs, we were able to increase our fill rate levels, therefore our invoicing, while reducing our net working capital at the same time."
Learn more about Oliver Wight's Sales and Operations Planning process or discover how the management consulting firm can help you transform your company's business processes through a continuous improvement program.
About Oliver Wight Americas, Inc.
Oliver Wight Americas have been both thought leaders and hands-on practitioners for over 40 years. As a global business management consulting and education firm, the company specializes in helping organizations work smarter, faster, and better than their competitors. Its principals are seasoned professionals who have real-world manufacturing experience and transfer this knowledge to the people at all levels of an organization, providing tools to help organizations internalize that knowledge and achieve a competitive advantage in the marketplace. The largest world-wide consultancy of its type, Oliver Wight has offices throughout Europe, North and South America, and the Asia/Pacific Region. For more information, please visit oliverwight-americas.com.
About Henkel Mexicana AC Division
Henkel Mexicana AC Division is an extension of Henkel, a Fortune 500 company. Henkel is a global leader of consumer and industrial brands and technologies, and is organized into three global operating business sectors spanning laundry and home care, cosmetics and toiletries, and adhesive technologies. For more information about Henkel Mexicana, please visit henkel.com.mx.