When numbers speak, they tell a story of success, efficiency, and unparalleled service. Dive into the compelling metrics that showcase how NewStream’s kitting and packaging solutions have been game-changers for our partners across various industries.
Cost-Saving Solutions: In a partnership with a construction equipment manufacturer, NewStream’s innovative packaging solutions led to a 71% reduction in materials cost for the top ten part numbers, resulting in total annual savings of about $95,000.
Rapid Turnaround & Savings: For an on/off highway OEM, NewStream transformed a 135,000-square-foot building into a fully operational facility in just 30 days, beating the OEM’s 120-day plan. This efficiency is expected to save the OEM between $700,000 to $800,000 annually.
Inventory Efficiency: In another case with an on/off highway OEM, NewStream managed to turn product in an average of 2.4 days, consistently beating the OEM’s 3-day goal and the previous facility’s 6-day turns. This led to a 75% decrease in customer backlog over a 60-day period.
Quality & Reliability: NewStream achieved a zero error rate in a program with an access equipment manufacturer, transitioning 90% of the product category to NewStream’s operations. The customer cited both “Quality and pricing” as the reasons for the switch, emphasizing the cost-effectiveness and reliability of NewStream’s services.
Scalability & On-Time Delivery: In a defense contract, NewStream expanded its operations to accommodate an additional 200,000 square feet and 200 personnel in just six months, ensuring the smooth shipping of over 14,800 kits valued at over $80 million with a 100% on-time delivery rate.