2019 Greenville Chamber Investor small s
Titanium Consulting, LLC | Greenville, South Carolina | (864) 735-6240
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Our Process

Once you have decided to explore your options with us, what happens next?

Step One: Free Initial Phone Consultation

A brief, initial phone call between you and our founder takes place to align our goals with your priorities.  Not everyone is the best fit for our knowledge, skills, and processes.  This 30-minute conversation is to ensure that your business' needs are a void that we can fill.

Feel free to e-mail us if you have questions or comments prior to booking your consultation.

Step Two: Free On-Site Meeting

The agenda of this meeting held on-site at your location includes introductions with most or all of the key process partners in your business, which can include Purchasing, Finance and Accounting, Operations, and Sales.  A physical walk-through of your operation is also highly recommended as that provides us with an understanding of the size and complexity of your manufacturing or distribution operation and offers some initial ideas on areas on which we may focus.

This meeting typically lasts one to two hours and is meant for everyone to be aligned on the goals and the process from here forward.

Step Three:  On-Site Analysis

What is a Supply Chain Analysis?

This on-site analysis of your supply chain typically lasts for two to three days.

The first day is used to map the process.  Who are your suppliers?  What do they supply?  How does the material deliver to your location?  How do your on-site processes look, including shipping and receiving, manufacturing, warehousing, and inventory management?  Where does your product deliver, and how does it get there?  Having a visual of your supply chain is vital in understanding how your processes work and what opportunities may be available to improve your operational efficiency and increase cash flow.

The following day(s) consist of interviews with the team on their processes, walking through the operation and conducting visual checks and time studies, reviewing partner processes, and beginning the preparation of the reporting that is provided after the analysis has been completed.
 

Some of the primary areas on which we focus include:

  • Transparency

    • How much of what is arriving, and when does it arrive?

    • How can we increase visibility of what inventory is in which location and moving at which rate?

    • What metrics are being used to gauge the health of the supply chain, and how are they being tracked?

  • Inventory

    • Do you have the proper inventory levels? Too much inventory consumes capital while too little affects performance.

  • Sales & Operations Planning

    • How well do the departments communicate, and what deliberate actions are taken to improve forecast accuracy?

  • Technology

    • What technology is available in the marketplace that can help to improve any of the above and provide an acceptable ROI?

Step Four:  Reporting of the Analysis

This presentation typically occurs within two weeks after the analysis has been completed.  After Step Three is completed, we process the data that was collected during the analysis, investigate improvement options, obtain pricing from potential service providers, and compile the entire analysis into a concise and informative report.

This presentation of the report includes valuable financial data on your organization, calculations on inventory ratios that affect your cash flow, and other findings related to processes that are either missing or in need of further review.

This report also includes recommendation on next steps from there.  It could be as basic of a recommendation as researching a new supplier or as complex as fully overhauling your entire supply chain processes.  Some of the more common recommendations include implementation or improvement of your Sales and Operations Planning process, safety stock program, inventory management program, production planning processes, and inbound transportation modes.

Step Five:  Project Implementation

Should you decide to proceed with any of our recommendations from the report in Step Four, we prepare a project charter for each project, determine a timeline, launch, and execute the project(s).

These projects are where your greatest opportunity lies to reduce capital investment, improve processes, and ultimately to increase cash flow through your organization.

To find out more about how the process works and to determine whether we are a good fit for your business, schedule your free phone consultation and begin Step One.