Reimann & Georger, Inc. - Improved Inventory Management Reduces Costs And Increases Sales
Reimann & Georger, Inc. - Improved Inventory Management Reduces Costs And Increases Sales
1 PagesCase Study RESULTS $1.2 million in annual • sales growth for marine products. $600,000 in retained • sales among current accounts. $250,000 annual cost • savings for inventory related expenses. Foundation for • continuous improve- ment, e.g. KanBan, for marine products. Methodology to • expand practices into two other major product lines. COMPANY Reimann & Georger (RGC) is a manufacturer of marine products (boat lifts/docks), hydraulic construction tools and hoisting/ roofing equipment. The company, initially founded in 1898, has been under the same family ownership since 1972. RGC currently employs 57 people within its 70MSF facility. The company’s products are shipped both domestically and internationally. SITUATION The marine products (about 2/3 of annual sales volume) had been experie
