Listed below are just some of the successful projects Stratus has completed.
Medical Device FDA-Regulated (Manufacturing Operations)
Conducted a China manufacturing and localization project for a major European global medical diagnostics equipment manufacturer, including choosing the site, laying out the factory and equipment, establishing China FDA requirements, determining costs, creating a timeline for a phased movement of manufacturing to China, etc. that would supply China and other global markets, enabling the company to become the market leader in those countries. The USD225 million investment with an 8 year pay-back would enable the client to increase sales and revenue by 9 times in China and other emerging markets in 10 years.
Pharmaceutical FDA -Regulated (Procurement and Logistics)
Served on an interim executive team of a large private equity firm to turn around an FDA-regulated supplier of pharmaceutical raw materials. Set up world-class business procedures for all supply chain operations and hired/trained professional staff. Lowered inventory by 35% and raised turns from 5 to 7 in 6 months by better inventory planning and materials management. Set up global supply chain logistics and North American distribution, including setting up regional distribution centers.
Consumer Chemicals, Edible Oils (Procurement and Logistics)
Improved procurement and logistics operations of a large Brazilian multi-billion-dollar manufacturer of consumer chemicals located in Sao Paulo. Set up a strategic sourcing process and negotiation training that led to cost savings and improved efficiency across the supply chain, leading to savings of over 12% of total spend.
Industrial Chemicals (crisis management/company turn-around, Operations)
Successfully turned around a failing multinational industrial coatings manufacturing company in Thailand that was facing a Chapter 7 bankruptcy, saving over 150 jobs. Reporting to the Board of Directors as the Chief Operations Officer, directed entire company operations with complete profit and loss responsibility. Tripled sales in five years by changing the entire business model for the industry. Made the company profitable after two years. Expanded the manufactured product line, set up the Asian distribution network supplying markets throughout Southeast Asia, and began contract manufacturing of finishing lines.
Electronics (Procurement and Logistics)
Established finished product contract manufacturing and supply chain in Asia for a market leader commercial audio/visual electronics firm, including partner selection, factory auditing, negotiation, product development, quality KPI’s, etc., enabling the client to greatly extend their product line and increase sales by 30% in 2 years.
Specialty Packaging (Procurement and Logistics)
Lowered logistics costs by 18% or USD1.5 million using best practices in logistics procurement across ocean export and import, less than truck load and truck load.
General Industrial (Procurement and Logistics)
Tripled net profits in 6 months by cutting material and production costs by 43% for a leading pump and motor manufacturer by setting up off-shore contract manufacturing and rationalizing the North American supply base.
General Industrial (crisis management/company turn-around, Manufacturing Operations)
Successfully turned around a failing over 100-year-old market leading manufacturing company of irrigation systems and safety valves that was facing a possible Chapter 7 bankruptcy, saving over 250 jobs. By using the principles of Lean Manufacturing, shortened average order to ship lead times from 40 weeks to an industry standard of 6 weeks. Set up lights-out 24-hour manufacturing. Improved first pass yield from 60% to 99%, using Six Sigma methodology and setting up a better quality assurance program.
Industrial Machinery (crisis management/company turn-around, Operations and M&A)
By using world-class leadership, turned around a failing US manufacturer in China, making the company profitable for the first time in two years. Increased production by 50% in four weeks by having established a strong low-cost supply base. Increased Asian sales by 60% in six months. Lowered production costs by 30% by increasing productivity and lowering purchased costs. Increased inventory turnover from 11 to 16 by better inventory management and using the principles of lean manufacturing.
Consumer Packaged Goods (crisis management/company turn-around, Operations)
Serving as the Chief Operations Officer, turned around a vertically integrated 3000 employee US-owned consumer products manufacturer in China, increasing annual net profits by 68% in 10 months. Cut production costs by 42% within 8 months, increased productivity by 84%, increased inventory turns from 1 to 5, and increased first pass yield from 50% to 99% by using the principles of Six Sigma and Lean Manufacturing. Lowered employee turnover from 68% to 10% by creating a career path for employees. Selected and implemented an ERP system.
Construction Materials and Home Ware Improvement (Procurement and Operations)
During a USAID project, helped a large diversified company in Ukraine transform from command economy management to a free market one. Increased manufacturing efficiency by 27% and with better project management and lower costs, allowed the company to increase sales by 22% and profits by 31% within 12 months.
Consumer Packaged Goods (Procurement and Logistics)
Set up the contract manufacturing project in China for a brand name Fortune 100 manufacturer of DIY professional and consumer products. Created an entire new product line that shipped from China in 3 months, the fastest to market timing in the company’s over 100 years of history. Supplying 10% of company worldwide sales, doubled margins for the opening price point product line. Set up the global supply chain to support sales of the new product line throughout the world. Set up and managed the RFQ and selection process for the 3PL partner.
Footwear (Procurement and Logistics)
Lowered Chinese procurement costs by an average 40% for one of the largest US slipper companies, saving the client USD1.67 million in 3 months.
Consumer Packaged Goods (S&OP)
Set up the Sales & Operations Planning process for a major manufacturer of metal wall mounts for flat screen TV’s. This increased inventory turns from 6 to 10 and decreased warehouse requirements by 40% within the first year.
Consumer Packaged Goods (Procurement and Logistics)
Using Lean Supply Chain principles, shortened global supply chain lead times from 8 to 2 months for one of the world’s largest corporate promotional giftware companies. Cut landed costs by 20% with better vendor management and negotiation. Set up the 3PL relationship that allowed the company to take control of its sea freight logistics.
Industrial Engineered Plastics and Molded Parts (Manufacturing Operations)
Working at 5 client plants (Malaysia, China, Indonesia, Germany, and Ohio), increased productivity by 45% by drastically cutting downtime and using a robust root cause analysis methodology that eliminated recurring problems. The program has proven sustainable. Six months after the project concluded, the client continued using the new management system, further increasing productivity gains to 60% over baseline, greatly increasing capacity, allowing for more sales, and higher profits.
Consumer Luxury Products (Marketing and Market Entry Strategy)
Created market entry strategies for European luxury consumer brands throughout Asia for a global Swiss consumer products firm. Working with the headquarters in Europe, set up the Asian side of the company’s USD10 million counter-trade operations, supplying Eastern Europe with Asian consumer products.
Wooden Furniture (Procurement and Logistics)
Built a USD100 million wooden furniture manufacturing and supply chain operation in Asia for one of the largest US wooden furniture and house wares companies. Cultivated and trained multiple OEM factories in lean manufacturing and quality control.
High-Tech Engineered Materials (Logistics)
Based in the US client's Shanghai office, set up a logistics control tower and a Transportation Management System that cut worldwide logistics costs by 12%, adding USD15 million to the bottom line.
Edible Oils Manufacturing (Manufacturing Operations and Training)
Through training and changing the management paradigm, increased Overall Equipment Efficiency (OEE) from 65% to 75% for a Canadian subsidiary of a US company.