Over the roughly three year period in which we utilized Trade Adjustment Assistance funds, we literally transformed our manufacturing operations from an outdated MRP based system with huge inventories, long lead times and inefficient use of human resources. We are now operating a lean manufacturing based shop floor based on Just in Time fabrication and delivery of parts, significant reductions in inventory on hand, lead time reductions and lower payroll costs. Our inventory turns have increased from a 10-year average of 6 turns per year prior to lean, to 10 turns per year currently. In the last 5 years we have doubled our annual revenues while maintaining or reducing the number of employees on our payroll.
Randy Bell, Vice President Pearson Packaging Systems Spokane, WA January 27, 2018