{"id":6129,"date":"2008-12-15T07:52:40","date_gmt":"2008-12-15T14:52:40","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=6129"},"modified":"2008-12-15T07:52:40","modified_gmt":"2008-12-15T14:52:40","slug":"in-detroit-idle-is-a-four-letter-word","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6129\/in-detroit-idle-is-a-four-letter-word\/","title":{"rendered":"In Detroit, Idle is a Four Letter Word"},"content":{"rendered":"<p>In a prior life, before becoming a licensed real estate professional, I was responsible for implementing supply chain technology in the discrete manufacturing arena &#8211; more specifically &#8211; the auto industry.<\/p>\n<p>Over a 7 month period, between 1998 and 1999, I made a temporary home in Sterling Heights, Michigan &#8211; 16 mile and Mound Road to be exact &#8211; home to Ford Motor Company&#8217;s largest real axle and transmission manufacturing and assembly facility &#8211; one million square feet of real estate, generating roughly $1.7B of product.\u00a0 The plant was as vertical an operation as I have seen, short of a foundry.\u00a0 From raw forged metal, UAW workers machined gears and assembled rear wheel drive transmissions for Ford&#8217;s cars and trucks &#8211; the Mustang, Lincoln Town Car, Explorer and the Ranger pickup &#8211; at the time, some of Ford&#8217;s hottest products &#8211; the Explorer was selling like crazy.<\/p>\n<p>Before setting foot in Sterling Heights, I was tasked with creating a new sales methodology, tools and implementation plan that calculated the ROI of our supply chain technology solution once implemented.\u00a0 The sales methodology walked a senior executive through the hard dollar, tangible savings and return to bottom-line profit contribution our technology solution would deliver.<\/p>\n<p>Process created &#8211; tools developed &#8211; mission accomplished.<\/p>\n<p>Or so I thought.\u00a0 Now go prove that it actually works.<\/p>\n<p>My first &#8211; and my team&#8217;s feat was to sell our solution to the VP of Operations.\u00a0 We walked through the process and learned from our discussions that the VP of Operations was given the directive to reduce Work In Process inventory &#8211; WIP had grown disproportionately to end-unit assembled transmissions.\u00a0 This particular problem was a no-brainer &#8211; our sweet spot.\u00a0 Our solution optimized the flow of WIP and synchronized the flow of raw material to end-unit assembled transmissions via planning and scheduling algorithms.\u00a0 Cake.<\/p>\n<p>Unique to our solution was our commitment to reduce WIP over a 12 month period.\u00a0 Our proposition &#8211; Ford would pay our travel expenses and small overhead expenses for our 12 month assignment &#8211; nothing more UNLESS we delivered results over and above the $20M goal.\u00a0 Any additional savings above and <a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6129\/in-detroit-idle-is-a-four-letter-word\/#more-6129\" class=\"more-link\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a prior life, before becoming a licensed real estate professional, I was responsible for implementing supply chain technology in the discrete manufacturing arena &#8211; more specifically &#8211; the auto industry. Over a 7 month period, between 1998 and 1999, I made a temporary home in Sterling Heights, Michigan &#8211; 16 mile and Mound Road [&hellip;]<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,5,19],"tags":[],"class_list":{"0":"post-6129","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-disintermediation","7":"category-real-estate","8":"category-technology","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":4882,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4882\/the-glass-is-half-full\/","url_meta":{"origin":6129,"position":0},"title":"The Glass IS Half Full","author":"Sean Purcell","date":"October 13, 2008","format":false,"excerpt":"The \"new, post-bail-out\u00a0era of real estate\" is how Cheryl Johnson describes things going forward amidst the \"collapsing global financial markets\" in Back At The Ranch. In a comment to Friday's edition of the Bloodhound Blog Radio Mortgage program Brian Brady and I co-host, the optimistic view I have for real\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3316,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3316\/video-from-the-bloodhoundblog-unchained-dvds-introduction-to-the-way-of-the-farmer\/","url_meta":{"origin":6129,"position":1},"title":"Video from the BloodhoundBlog Unchained DVDs: Introduction to The Way of the Farmer","author":"Greg Swann","date":"July 2, 2008","format":false,"excerpt":"We got the manufactured BloodhoundBlog Unchained DVDs on Monday. I've been watching them as I work at my desk in order to approve the manufacturing job. Believe it or not, this is first I have seen of this video. It was shot to tape at the event, we had it\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2141,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2141\/real-estate-partnerships-under-act-in-congress\/","url_meta":{"origin":6129,"position":2},"title":"Real Estate Partnerships Under Attack in Congress","author":"Sean M. Broderick, CCIM","date":"October 31, 2007","format":false,"excerpt":"For many of us that are involved in professional real estate designations (CCIM, CRB, SIOR, CRS, etc.), we've spent countless hours studying, networking and differentiating ourselves from the pack in order to better represent ourselves and our clients. Among the benefits is being alerted to the fact that someone in\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2374,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2374\/redfincom-bodett-ing-real-estate-brokerage\/","url_meta":{"origin":6129,"position":3},"title":"Redfin.com: Bodett-ing Real Estate Brokerage","author":"Brian Brady","date":"December 14, 2007","format":false,"excerpt":"Glenn Kelman appeared on NBC. This time, he wasn't the smartest kid in the class; he imitated Tom Bodett. Greg points out the \"Duh\" factor in the most recent Redfin Revelation: Here\u2019s real justice: Someday, an actual reporter is going turn to Kelman and say, \u201cGlenn, you\u2019re the expert. How\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5010,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5010\/what-happens-to-the-early-worm\/","url_meta":{"origin":6129,"position":4},"title":"What Happens to the Early Worm?","author":"Cooksquared","date":"October 16, 2008","format":false,"excerpt":"Quite a while back I asked a question, if the early bird gets the worm, what is the early worms reward for being early? In this tumultuous market we have already seem many early worms. Several months ago a lot of people began jumping back into real estate only to\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5017,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5017\/point-counter-point\/","url_meta":{"origin":6129,"position":5},"title":"Point \/ Counter-Point","author":"Sean Purcell","date":"October 16, 2008","format":false,"excerpt":"Michael Cook wrote a thought provoking post earlier entitled What Happens to the Early Worm.\u00a0 So thought provoking that I found my comments drifting to post length.\u00a0 So how about a little point\/counter-point? Michael, a very detailed and thoughtful post. I would not disagree with you that cautiousness is a\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/6129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=6129"}],"version-history":[{"count":6,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/6129\/revisions"}],"predecessor-version":[{"id":6135,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/6129\/revisions\/6135"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=6129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=6129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=6129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}