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TR Falcon Profile
TR Falcon

@FalconFastening

Followers
154
Following
446
Media
267
Statuses
473

TR Falcon provides fastener and component inventory management solutions to manufacturers (OEMs) throughout North America.

10715 John Price Road
Joined December 2014
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@FalconFastening
TR Falcon
2 years
Be sure to follow TR Fastenings for the latest company wide news and events: https://t.co/KX7lAWuKfz
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@FalconFastening
TR Falcon
4 years
Lean #InventoryManagement (#Kanban) needs #KanbanBin triggers for timely #Replenishment. Signals like #KanbanCards should only trigger #Inventory orders when needed. To determine the best timing, you must consider a few vital factors...
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@FalconFastening
TR Falcon
4 years
There's many road blocks that can increase an OEM's #LeadTime, slow down #Manufacturing and sabotage #OperationalEfficiency. Luckily, these 5 common issues have reliable solutions...
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@FalconFastening
TR Falcon
4 years
Simultaneous #Stockouts and #Overstock are a symptom of poor #InventoryManagement. Why do they plague otherwise #LeanManufacturing OEMs? They lack a #PlanforEveryPart; the secret to comprehensive door-to-door #MaterialFlow and a key #Kanban prerequisite...
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@FalconFastening
TR Falcon
4 years
For #LeanManufacturing OEMs, ABC #InventoryClassification is the foundation of #InventoryManagement and #MaterialFlow efficiency. It's a key #Kanban prerequisite. Classifying #Inventory can seem tedious and tiring, but it's as easy as 8 simple steps...
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@FalconFastening
TR Falcon
4 years
ABC #InventoryClassification is a powerful #InventoryManagement tool in #InventoryControl and #MaterialFlow planning. It empowers #LeanManufacturing OEMs to improve the efficiency of the #InventoryReplenishment schedule and is a key #Kanban prerequisite...
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@FalconFastening
TR Falcon
4 years
#MRP can be painful. Sadly, the main #InventoryReplenishment method many manufacturers (#OEM) use is #MaterialRequirementsPlanning or #ManufacturingResourcePlanning. MRP bases #PurchaseOrders on #DemandForecast and on-hand #Inventory But how does MRP stack
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@FalconFastening
TR Falcon
4 years
#A3 is a vital #LeanManufacturing tool for #Manufacturers (#OEM) because of the structure, focus, collaboration and consensus it brings to #ProblemSolving and decision making. An #A3Report tells a #ContinuousImprovement story that turns the #PDCA wheel and
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@FalconFastening
TR Falcon
4 years
On the #LeanJourney, improvements should free a manufacturer's (#OEM) #capacity. #BoxScores are a powerful tool for tracking and communicating #ContinuousImprovement results, such as freed capacity that can be reallocated to other value-added activities. https://t.co/ojKmb8XSI3
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@FalconFastening
TR Falcon
4 years
#LeanManufacturing requires lean #PerformanceMeasures.Sadly, many #Manufacturers (#OEM) on the #LeanJourney, neglect revising their measures, ultimately sabotaging lean success. They fail to recognize the impact of lean measures and how to choose them... https://t.co/COXWsIuI0m
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@FalconFastening
TR Falcon
4 years
#InventoryManagement takes more than #Kanban cards, boards, and processes. You need a plan. A #ValueStreamMap (VSM) is a powerful #LeanManufacturing tool that uncovers opportunities to cut #ProcurementCost, improve #Productivity. What can it do for you?
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@FalconFastening
TR Falcon
4 years
Quantifying #DemandVariation is a contentious #InventoryManagement topic. It's vital for setting #SafetyStock & implementing #Kanban and done wrong, can sabotage #CashFlow & DeliveryPerformance. Estimation won't do. Luckily, we have a reliable process...
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@FalconFastening
TR Falcon
4 years
For #Manufacturers (#OEM) #InventoryManagement by #MRP or #Kanban can be costly: bad forecasts, missed restock signals, #stockouts, expedites, #overstock, manual counting, etc. AutoKanban reduces #LeadTime, slashes #MaterialCost, eliminates #Downtime...
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@FalconFastening
TR Falcon
4 years
#ElectronicKanban often triggers polarizing reactions in #LeanManufacturing. Some people see it as the holy grail. Others consider #eKbanan heresy in #Kanban. We must clearly define what we mean and don’t mean by eKanban before we proceed (#AutoKanban)…
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@FalconFastening
TR Falcon
4 years
#Kaizen is one of the key #ContinuousImprovement drivers in #LeanManufacturing. Kaizen literally means "change for the better" on any scale or scope. But before we can effectively apply Kaizen, we must firmly understand the "#3Gens" or the "#3Actuals"...
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@FalconFastening
TR Falcon
4 years
#InventoryManagement is vital. Sadly, #StandardCostAccounting (traditional #accounting) can sabotage #LeanManufacturing success by making #Overproduction look good, and #InventoryReduction looks bad! Luckily, there's a better way through #LeanAccounting...
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@FalconFastening
TR Falcon
4 years
#Manufacturers can spend 65% or more of their material cost on the #procurement process. #ProcurementOutsourcing can often manage non-strategic items more reliably and efficiently than #OEMs can internally. It also has risks and can undermine its initial b
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@FalconFastening
TR Falcon
4 years
#ValueStreamCosting is a #LeanAccounting tool for #Manufacturers (#OEMs) to track #ContinuousImprovement initiatives by attributing costs and revenues and #inventory to #ValueStreams instead of to products as with standard cost accounting. This 8 step... https://t.co/FXaKuOEHgf
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@FalconFastening
TR Falcon
4 years
#LeanAccounting reduces the workload of routine accounting, control, and measurement, giving #LeanManufacturing (#OEM) accountants more time for strategic initiatives. To truly value its power, you must first understand some traditional #AccountingBasics..
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@FalconFastening
TR Falcon
4 years
While lean can help #Manufacturers (#OEM) improve (#OperationalEfficiency, #ProcurementCost #ReduceInventory), #ContinuousImprovement must be measured. Sadly, many #LeanJourneys are sabotaged by traditional accounting. #LeanAccounting is necessary for... https://t.co/sqMi9YAlgj
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