Become a Member! | Print Page | Contact Us | Your Cart | Sign In
TOC Reference Bank - Grand Rapids Spring & Wire Products, Inc.
Share |
ORGANIZATIONAL INFORMATION  < back
Company Grand Rapids Spring & Wire Products, Inc.    
Location Grand Rapids - United States.
Company Contact   Jim Zawacki, President
Source of Reference 

Management Accounting/February 1995, pp 26-32

Sales $12,000,000
IMPLEMENTATION INFORMATION
Name Grand Rapids Spring & Wire Products, Inc.
Location Grand Rapids, MI United States
Industry Segment Automotive
Revenue $12,000,000
Number of employees 100
Area Production
Implementation Date 1991
Markets and Company Share 70% sales to Automotive, 30% to appliance, furniture and electronic industries.
Products Compression, extension and torsion springs;
WHAT WAS DONE?  
TOC Applications DBR
Software implemented None
RESULTS OF IMPLEMENTATION
IMPLEMENTATION RESULTS  
Revenue Increase Increased 100%
Inventory Decrease Reduced 30%
On-time performance
From 60%
To 95%
Percent improvement
Brief summary On-time deliveries have improved from a dismal 60% to 95%; inventories have decreased 30% while sales have doubled; cost of quality has dropped from 6% to less than 3.5%