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LVSI, INFORMANCE FORM ALLIANCE TO HELP MANUFACTURERS ACCELERATE IMPROVEMENT INITIATIVES
Deep domain process management, visual factory and EMI expertise for lean manufacturing.
EAST WINDSOR, CT and REDWOOD CITY, CA May 8, 2007 Lean Value Solutions
International (LVSI), a leading process management consulting firm, and Informance
International, a leader in Enterprise Manufacturing Intelligence (EMI) solutions,
announce a partnership to deliver comprehensive manufacturing improvement solutions
to companies eager to accelerate improvement initiatives, drive operating strategies
and obtain actionable insight for operational performance. The new relationship
leverages Informance’s leading manufacturing intelligence technology and domain
expertise combined with LVSI’s lean manufacturing expertise to effectively
deliver high value solutions for lean manufacturing. Consumer goods, food and beverage,
pharmaceutical, medical device, industrial, and many other types of manufacturing
firms will benefit from the combination of proven EMI technology and deep domain
industry expertise as they strive for the highest levels of productivity.
LVSI has a long history and deep expertise in delivering world-class process
improvement for the lean enterprise and lean manufacturing in a wide variety of
industries. LVSI will leverage Informance’s manufacturing intelligence and
patented analytics to enable their Global 1000-class clients to achieve, sustain
and build on process improvements in plants and throughout the manufacturing facility
network.
"Maintaining competitive advantage depends on a manufacturer’s ability
to sustain and build on improvement gains," comments Sunil Singh, CEO of Informance.
"The LVSI – Informance combined offering ensures they target improvement
efforts wisely and have the real-time metrics visibility and analytics to support
those efforts."
According to LVSI CEO, Tom DeForge, "In a lean environment, the companies
that can quickly and precisely identify opportunities to improve operations, while
involving their entire team – from enterprise leaders to plant staff –
and use real-time, precise metrics and analytics to empower their teams are far
more likely to achieve corporate manufacturing goals and realize their strategic
vision. And, they can do this faster than anyone else! This is why we are so excited
about Informance solutions and our relationship with them"
To illustrate the importance of real-time reporting of performance metrics and the
importance of a structured improvement initiative, Informance recently published
a benchmark study analyzing efficiency of best-in-class manufacturers compared to
average and laggard companies. During the study, researchers found that best-in-class
manufacturers and their workforce had greater visibility to key metrics and more
frequent measurement of those metrics. As a result, best-in-class identified 99.5%
of operating losses against their key performance metrics and have processes to
quickly react to key performance indicators (KPIs) that deviate from acceptable
levels. The researchers found that KPI reporting propagated throughout each plant
enables a much more agile and proactive enterprise. To read the executive summary
of this report, visit www.Informance.com/FoodPack.
About Lean Value Solutions International
Lean Value Solutions International (LVSI) has helped hundreds of clients design
and implement lean manufacturing, lean enterprise, lean office and lean service
programs. With deep domain process improvement expertise in manufacturing and non-manufacturing
business processes, LVSI helps clients set up the lean infrastructure from discovery
to design and through implementation and measurement. To learn more, visit
www.LVSIllc.com
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