CUSTOMER PROFILE
Name: Precimold Inc., Candiac (Montreal), Quebec
Founded: 1966
Key Focus: specializing in small, custom, precision single and multi-cavity and family molds and components; .0005 to 500 grams
Industries: medical, pharmaceutical, life sciences, automotive, aerospace and military
Manufacturing plants: 1 plant, 48,000 sq. ft.
Injection Molding Machines: 20
Cleanrooms: 1 X Class 10,000; 4 X Class 100,000
Employees (total): 74 to 80
Product lines: 400 molds, of which 200 are active
Customers: 35 (Canada, U.S., Mexico, Switzerland, Germany, Denmark, Brazil, Korea, elsewhere)
Currencies: 3 ($C, $US, €)
KEY CHALLENGES
- Impossible to determine company/component profitability
- High backorder rate due to production planning issues
- Delays due to manually managing order, inventory, production and delivery
- Inaction and inertia due to lack of business intelligence and related reports
- Outdated, inaccurate, manually-entered data; often inaccessible, difficult to locate
- 100% manual, paper-based system & legacy digital data storage were virtually useless
THE SOLUTION: CYFRAME
Benefits:
- Return to profitability, 5 to 10% price increases on money-losing components
- Slash backorder rate by 80% with improved production planning
- On-time delivery thanks to integrated order, inventory and production scheduling
- Relevant, timely business decisions and actions based on superior intelligence and reports
- Live, accurate data, automatically populates, cascades; accessible simultaneously, anywhere & anytime
- Plastics-specific, off-the-shelf ERP is invaluable and absolutely essential
THE RESULT
At Precimold, improved profitability and enhanced customer service were realized just months after implementing CyFrame’s plastic-specific, off-the-shelf ERP.