Lord Corporation
Home :: Lord Corporation
Case Information.
Clients:
Lord Corporation
Category:
Management
Date:
22 August 2020
Website:
https://www.parker.com/
Location:
USA, Canada, Mexico
Duration:
04 months.
The Challenge
Lord Corporation is a high end automotive and aerospace OEM. The Information Systems Department was struggling to meet the ever increasing demands of their clients. They were caught in the dilemma of maintaining existing applications, providing short term IS support while developing and implementing new information systems.
The Problem
Client support was good and customers were very satisfied. But, poor performance on meeting project completion dates was making senior managers unhappy – almost all of the projects over the last five years finished late; many of them very late. In fact, on average they took 60% longer than estimated and giving specific completion dates to clients was avoided. Clearly the IS department had to change how they managed projects.
The Solution
In collaboration with Vector Strategies, Lord Corporation soon realized dramatic improvements in delivering new applications on time, at or below budget. The key was knowing when to start new projects and not exceeding available capacity. Eliminating multi-tasking by not over scheduling their people was crucial. According to Bob Morrison, IS Manager for Lord Corporation, “Job satisfaction is up and stress levels are down.”
The Results
The improvements were truly impressive and achieved very quickly. Of the first 9 projects, 6 finished on time and 3 were early. Bob Morrison also stated, “We found an additional 60% capacity without hiring any additional people, we are doing twice as many projects and finishing them on time.” The high level of responsiveness maintaining existent applications and providing short term IS customer support continues to be excellent.
The Legacy
Now, three years later, the TOC multi-project solution is still producing remarkable results and has become an integral part of Lord Corporation’s culture.
You Want To Work With Best Consulting Solutions Company?
Welcome to Vector Strategies
Whether your business is Manufacturing, MRO, Overhaul and Repair, Supply Chain Management, Government Services, Engineering, Construction, Medicine, Telecommunications or Software Development we believe you know your business. We know how to bring productivity and process improvements to life. And together we can create rapid, quantifiable top and bottom-line business results for your organization.
Use full Links
Our Services
- Holistic Approach
- Logistical Solutions
- Strategic Solutions
Newsletter:
Subscribe to our newsletter to get our latest updates & news.
Get In Touch
Address:
Pebble Beach, CA 93953
Call Now:
858.945.6756
Use Full Links
Our Services
- Holistic Approach
- Logistical Solutions
- Strategic Solutions
- Clients & Industries
- Case Studies
- Knowledge Transfer