We specialize in sourcing high precision machined parts, injected molded parts, forgings, castings, fabricated parts and associated sub-assemblies where we typically can save our clients up to 30% in material cost savings without sacrificing on quality.
We also manage the complete process from RFQ, first article inspection, importation and delivery. Of course, we can tailor our process to meet your specific needs.
we understand and acknowledge the pivotal roles that both domestic and global supply chains play in the efficiency and productivity of our manufacturing operations. From maintaining a smooth flow from a production line in a plant floor in India to ensuring the prompt delivery of orders, to our customers in the USA and Canada our complete supply chain solutions are integral to our overall business model. In addition to our quality parts at globally competitive prices, we maintain and manage local customer service wherever applicable including local program or account manager as well as, nearby warehousing for prompt delivery. A well-managed domestic warehouse, for instance, significantly reduces the lead time in product distribution, enhances customer satisfaction by ensuring faster delivery times, and provides us with ample storage space to keep our inventory safe and organized.
Internationally, having quality, engineering, and supply chain personnel near the manufacturing locations broadens our reach, allowing us to serve our overseas clients more efficiently. By storing products closer to foreign markets, we can drastically cut down on shipping times and costs. This not only improves our customer service but also strengthens our competitive advantage in the manufacturing industry. Our ability to warehouse also provides a buffer against unexpected disruptions in the supply chain, mitigating the risks associated with long distance, international logistics.
Whether you’re working on new product development or simply looking to ramp up production on an existing product, we’re your trusted partner. The combination of a highly skilled team and cutting-edge equipment allows us to serve many clients – from the inventor who wants to build a prototype – to production runs from large companies. And, if your existing product needs a new manufacturing base, we’ll run with your design and tooling to increase production with ease
We machine a variety of metals including Aluminum, Stainless Steel, Titanium and Copper to super alloys like Invar, Inconel and Hastelloy. We also machine plastics like PVC, Acetal and Teflon to high performance plastics like Torlon and Rulon. We provide machining services to a diverse list of industries including Aerospace, Defense, Medical, Semiconductor, Underwater and more.
Do you find yourself at a cost disadvantage against your competition? Are you looking to find areas for cost savings in this current environment? If you answered yes, then you’re not alone. When dealing with the day-to-day operations of your company, one of the most common challenges cited among businesses is finding the time or resources to execute long-term cost-saving strategies.
Our job is to take on that challenge for you.
At Spectra Manufacturing, our mission is to help small to mid-size businesses in developing and deploying strategies that will improve financial performance and position our clients ahead of the competition. Powered by business transformation and strategic sourcing strategies, we have created a best-in-class network of partners operating in low-cost regions, primarily India, which we have leveraged to lead businesses towards record financial performance through savings opportunities. Our vendors abroad provide a variety of services including sourcing high precision machined parts, injected molded parts, forgings, castings, fabricated parts and associated sub-assemblies, all which have been audited for quality control, consistent processes and financial stability.
As specialists in low-cost sourcing, we would integrate and operate as a part of your supply chain team with the sole purpose of identifying opportunities for significant material cost savings. We will manage the complete process, from RFQ, first article inspection, importation and delivery. The specific needs of our clients are paramount; thus we will communicate with you and your teams to tailor our process to fit your standards.
Our reputable skills and resources have allowed us to save our clients upwards of 30% in material costs, with no sacrifice to quality. Essentially, we remove the burden of managing the complexities of low-cost region supply while still providing you with realized savings. Because Spectra Manufacturing believes in mutual partnerships where both parties can succeed and move forward.
To learn more or to set up an initial consultation please contact us at Spectra Manufacturing Strategic Solutions.
Strategy is a term used exhaustively by companies, typically used to describe their business direction and plans to achieve their goals on a set timeline. This is because a comprehensive strategic road map allows employees to dependably carry out the day-to-day operations required to achieve their milestones, driving superior results and enabling businesses to achieve extraordinary market share gains and enhanced job satisfaction. However, while a most companies understand the importance of strategic planning, many will struggle and often implement strategies that are unclear and disorganized, leading to misaligned priorities and dissatisfactory results.
At Spectra Manufacturing Strategic Solutions our Business Advisory services is well positioned to help small to mid-size business in developing and deploying strategy to ensure the direction of the company is clear and resulting action plans are fully aligned, providing a solid foundation for consistent and reliable growth.
We seek to establish long-lasting partnerships with our clients that enables us to exhilarate a high level of passion to drive success. This allows us to work with our clients and their teams to ensure management commitment, functional collaboration and the establishment of governing principles that permits a strategy to outlast management and leadership changes. As with any strategy, tactical actions need to be reviewed and adjusted periodically based on current environment, opportunities or other challenges being addressed. Many get confused with these necessary tactical maneuvers with changes in strategy which is critical flaw in many company’s attempt to deploy and clear strategy. We can help avoid this common pitfall and ensure success implementing your strategy.
We utilize several tools and methodologies that can be tailored to your specific needs. Our experience and expertise across multiple businesses allows us to ask the right questions and help identify the challenges, opportunities and desired outcomes you are seeking. We will initially focus on where to play and how to win, review current market coverage and how products and services and channels are aligned to maximize hit rate and seek areas of opportunities to exploit. We eventually will work with your team to identify several Breakthrough Objectives with a 2 to 5 years target that is tracked regularly to ensure specific objectives remain on track.
Our menu of services and expertise consists of
the following:
- Strategy formulation
- Strategy deployment
- Cash Return on Investment in maximizing value creation
- Operational / Process Improvement (Lean and Six Sigma methodologies)
- Acquisition support – due diligence and post integration
- Audit Services (enhance and improve internal controls)
- ERP selection and implementation
- Defining where to play and how to win
- 80/20 approach to customer focus and making key customers “raving fans”
- Product Generation Methodology / Process
- Net Promotor Score Programs
We become part of your team and spend the time to understand your business and its opportunities and challenges. We know the questions to ask and the data required to make intelligent assumptions and decisions on the current state of the business. We will work with you to identify the aspirations of the organization and develop a path make these aspirations become a reality. We will tailor a highly focused approach based on your specific needs and opportunities and the risk profile you and your team are willing to take. With our approach you will have a strategic partner and a team member that shares the same passion and desires to succeed.
Many strategies that are clear and well-articulated however fall short of meeting expectations due to improper execution or lack of alignment in the organization. We will assist in developing specific break-through objectives that sets targets to be achieved over a specific time period (typically 1 to 3 years). We then establish improvement priorities and specific action plans that can be tracked and measured to ensure alignment, focus and the desired outcomes are achieved. We will help establish a regular cadence around progression towards the specific targets and actions and establish a corrective action plans when certain actions fall short of expectations or milestones. Our goal is to ensure alignment of the strategy and establish a relentless process to ensure the organization stays on track to realize and maximize strategic objectives.
Cash Return on Investment “CRI” is our measure we adopted to assess value in an enterprise. Roper Technologies has used this metric as its fundamental strategy in creating shareholder value for the past 20 years and has demonstrated, with its disciplined focus on CRI, a track record that has consistently outperformed the market during this time. We are strong believers in CRI as measure and discipline to create more value for your organization. We will work with you on using CRI as a guide for your strategy and operational execution. This will make your company more lean, profitable and valuable to you and outside investors or potential acquirers.
You often hear the phrase “if it ain’t broke, don’t fix it”. As this may be true for certain things, we at Spectra Manufacturing believe it is critical, in a competitive environment, to continuously seek opportunities to improve and innovate. Organizations that adopt methods and a culture to continuously improve are typically more efficient, have a competitive cost advantage, faster to respond to market demand and changes, and have higher growth and profit potential.
Spectra Manufacturing has the expertise and experience to work with you and to transform your business where continuous improvement becomes a normal (regular?) and effective process and the foundation of your organization. We will begin by assessing the cultural environment as this is critical in developing into an organization that is focused on continuous improvement. Empowerment and accountability are the cornerstones that eventually make companies successful in adopting a continuous improvement mindset and we will assist in finding opportunities to put these building blocks into place. From there we will find the right tools and methodologies that work for your organization based on your specific requirement and other strategies.
- Improving manufacturing output/capacity
- Lead time reduction
- Labor and productivity improvement
- Improving inventory turns
- Value stream mapping and waste elimination
- Visual management
- Problem identification and resolution (root cause / countermeasure)
- Cash flow improvement
- Enhancing customer experience
- Maximizing field service utilization and profitability
- Constraint Management
- Safety, Quality & Reliability Improvement
The 80/20 is a business strategy that a lot of companies are applying right now to increase profit margin. It boils down to a simple statement which can be adapted to your business model: Companies should focus on the 20% of inputs that create the majority (80%) of their outputs.
Revenue
To help ensure attention to your 20%, one 80/20 consulting firm, Strategex, suggests segmenting customers and products by revenue:
- Identify “A” customers (those that represent 80% of revenue) and “B” customers.
- Identify “A” products (those that represent 80% of revenue) and “B” products.
Focus your efforts at over-serving your “A” customers and shift your time and energy away from the small and costly “B” customers that simply drain your profits. You will wind up with fewer, better customers and a good profile for what new “A” customers look like as you grow.
- Pull a report of your waste and machining usage
- Examine the data
- Focus weeding out the bad performers, or bringing up to par
- Check in periodically to monitor your results
- Customer Potential
- Manufacturing Processes
- Referral / influence
- Fit with core capabilities
- We created the Net Promoter System to help companies measure and manage customer loyalty. The Net Promoter ScoreSM(NPS®) is a single, easy-to-understand metric that predicts overall company growth and customer lifetime value. These powerful tools can help you earn the passionate loyalty of your customers while inspiring the energy, enthusiasm and creativity of your employees. The result: profitable, sustainable organic growth.
- Combined with our powerful approach to customer experience transformation, NPS helps you increase customer delight, reduce operating costs and earn lasting loyalty. Take customer experience to an even higher level with NPS Prism®, our breakthrough benchmarking service that lets you compare your customer episodes—the discrete interactions that make up the customer journey—against those of your peers, so you can spot gaps and prioritize initiatives. And build the organizational muscle you need to continually elevate the customer experience with NPSx, our world-class CX technology and training solution.
