| Maytag's Maytag inventory turns nearly double |
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The Challenge
•Extreme material related line downtime •High airfreight bills due to expedites •Pressure to reduce production costs
The Solution
•Optimize inventory turns •Synchronize support ops to Takt Time through improved communication •Pull systems instead of inventory buffers
The Results
•Reduced material related downtime from 260 hours to 12.5 •Cut air freight from $500 MM to $160 MM •From Fall of ’01 to July ’03, turns improved from 26 to just shy of 50
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