In the current issue of The Machinist magazine, leading manufacturing journalist, Thomas R. Cutler, describes the current nature of Value Stream Mapping in conjunction with Demand Driven Supply Chain lean tools.
According to Stephen Parker, CEO of Datacraft Solutions, �We recently tracked an automotive manufacturing industry client who recognized a 50 per cent decrease in inventory levels over six months ($16 million to $8 million); order of magnitude increase in inventory turns from 10 to 105; 60�70 per cent of on-hand inventory is 4�5 working days of demand; significant operational benefits; 5000 scans a day with zero expedites over six months; and doubled revenue while realizing these benefits.�
