Customizable Trailer Frame
The Problem:
A medium sized North American Trailer/Bulk Transport manufacturer specializing in providing custom Trailers to the oilfield industry was facing issues with ageing product designs causing low production throughput, inventory build-up, inability to quickly address market fluctuations in demand of product type and very low margins
Lodestar’s Solution:
- Designed, develop and manufactured a configurable common frame, whereby by bolting on components and sub-assemblies the customer could create three different product types.
- This new assembly enabled the customer to quickly customize a product type based on market demand without having to hold finished inventory.
Results
Lodestar’s solution enabled the customer to
- Focus production resources on assembling bolt-on systems which raised throughput by over 15%
- Reduce their manufacturing costs around 20%, with significantly improved higher product quality, resulting in substantial increase in net margins.