New Product Development Award
Trans-Matic won a New Product Development award from one of our major customers by incorporating 5 components into 2 precision deep drawn components. Trans-Matic now provides these components as a one piece assembly. We were able to reduce the number of components by 35%, lower the cost 45%, and improve product performance and overall quality.
VE Contribution Award
Trans-Matic won a VE Contribution award from the same major customer by utilizing cross-functional teamwork. This significantly impacted their business; helping them improve the products they sell and reducing their costs. In their words, “Trans-Matic has been a leader in the industry in utilizing Value Engineering as a part of their business model. Trans-Matic is directly contributing to our success and raising the level of value a supplier can contribute to our business.”