Small automotive component providers are beginning to take advantage of ulta-lean supply chain management
principles, it has been claimed.
Recent years have seen a rising pressure on automotive suppliers to decrease their inventory expenses, which
has played a key role in pushing some of the world's manufacturers into lean working practices, Evolution Time
Critical believes.
The organisation specialises in providing stocking advice to manufacturers and has recorded consistent
double-digit growth in its operations with tier two suppliers over the last three years.
A review of Evolution Time Critical's bookings also illustrates that second and third tier companies are now
applying the same principles used by more efficient supply chains.
Originally, the organisation ran as a bespoke emergency logistics provider to original equipment manufacturers
and tier one automotive suppliers, though its expansion into advice services has proven to be prosperous.
Evolution Time Critical managing director Brad Brennan said: "A first tier customer of ours recently told me 'If I
don't use emergency logistics, my supply chain isn't lean enough,' reflecting the growing strategic use of
emergency logistics to facilitate very high levels of supply chain savings."
The group particularly helps automotive manufacturers to keep their production lines active without encountering
costly delays and the negative effects that are often brought on by acquiring excessive amounts of stock.
Despite the company's significant expansion, Mr Brennan is keen to reassure that Evolution Time Critical will not
move away from its old speciality.
He explained: "Evolution Time Critical's core business is still delivering emergency logistics, but manufacturers and suppliers are increasingly using our services in a pre-emptive way."
The business' work could bring numerous benefits to motor salvage dealers, particularly those who are looking to
cut costs in their logistics departments, which is a reality for many businesses amid the financial strains caused
by the economic downturn.