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TOC Reference Bank - Dixie Iron Works
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ORGANIZATIONAL INFORMATION  < back
Company Dixie Iron Works    
Location Alice - United States.
Company Contact   Gerard Danos
Source of Reference 

APICS-The Performance Advantage, March 1996, pp 125-127

IMPLEMENTATION INFORMATION
Name Dixie Iron Works
Location Alice, TX United States
Industry Segment Energy
Implementation Date 1996
Markets and Company Share Gas compressor and engine components for oil drilling rigs. Require quick turnaround and reliable d
Products New specialty parts and remanufacturing. High pressure (15,000 PSI) oil field plug valves.
WHAT WAS DONE?  
Software implemented Resonance
RESULTS OF IMPLEMENTATION
IMPLEMENTATION RESULTS  
Inventory Decrease Reduced 80%
Net Profit Increased from 3% to 12%
PROJECT PAYBACK  
Months to first visible results
Four months
OTHER BENEFITS  
On-time performance
Percent improvement 50%
Brief summary Inventory turns have jumped from two to twelve. Operating profit increased four fold over two years . Also were able to cancel order for expensive machine.