preview

Case Study : Manufacturing, Inc. Essay

Good Essays

KNJ Manufacturing, Inc. should look into getting with a copy of the approved vendor lists for the customers they have. And, begin to supply raw materials for their customers instead of just “machining and labor” only. They should be looking into outsourcing their work with the local shops to find ways of increasing their offerings to include things, such as, heat-treating, mechanical testing, material coating and hardness testing. KNJ should offer one-stop shop capabilities instead of losing opportunities because the customer does not want to send the part to multiple locations to get simple work done. Currently, KNJ does not have the license to do heat-treating, hardness testing, or coating, but this is something that KNJ Manufacturing may want to consider offering now or in the immediate future, to increase their market share and desirability in an already slow market. Companies like National Oilwell Varco, Cameron, Schlumberger, Duron, and Weatherford, just to name a few, are on KNJ Manufacturing’s current customer list. To lower their costs, and improve profits, on KNJ’s end to offer access to all of these services that these companies desire would be phenomenal to say the least. Not only would it lower shipping costs for the customer significantly, but during the difficult times that the oil and gas industry is having at the present time, KNJ could put themselves in a position to not feel the economic downturn as bad, as some. With the times being what they are at the

Get Access