CATEGORIES: Case Study, Cost Reductions, Improved Efficiencies, Machine Utilization, Manufacturing
Steel-Production Facility Increases Efficiency and Reduces Costs
The Challenge
The client realized they needed help to increase efficiencies, strengthen the company’s balance sheet, and enhance its competitive position.
About the Client
Atchison Steel Casting and Machining was going through challenging times following the bankruptcy of its parent company. AmeriCast Technologies come on board as the new owner and was charged with improving operations.
Financial Results Snapshot
Operational Results
- 45% reduction in inventory
- 3% improvement in production performance
Financial Results
- Annualized Savings Rate: $2,200,000
- ROI: 2.3:1
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