Freudenberg-NOK
Location: Plymouth, Michigan, United States
Industry: Automotive, Industrial
Company Description: A joint venture between Freudenberg & Co. in Germany and NOK Corp. in Japan. Freudenberg-NOK General Partnership (Freudenberg-NOK) is the world’s largest producer of elastomeric seals and custom-molded products. With annual revenues of approximately US $1billion, Freudenberg-NOK has 39 sites in North and South America and employs over 6,000 people. 39 sites run QAD Enterprise Applications; 19 use QAD Supply Visualization.
Challenges:
- Cut overall working capital to improve competitive position in target markets
- Reduce on-hand inventory levels via a strategic and controlled process
- Legacy visualization tool inadequate to the task
Solution: QAD MFG/PRO eB2 SP10; QAD Supply Visualization; QAD Production Scheduler; QAD EDI eCommerce; QAD Warehousing; QAD Transportation Management System
Results:
- Inventory cut 17 percent in first year
- Expedite expenses slashed 18 percent in first year
- Premium freight all but eliminated
- Excess on-hand inventory eliminated, for both Freudenberg-NOK and its suppliers
- On-demand application means no need for in-house hardware/servers