Loctite Corporation

  • Reference: IVEY-9B02D019-E

  • Year: 2001

  • Number of pages: 33

  • Geographic Setting: United States

  • Publication Date: Jan 9, 2003

  • Fecha de edición: Nov 30, 2009

  • Source: Ivey Business School (Canada)

  • Type of Document: Case

  • Company: Large

  • Industry Setting: Manufacturing;

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Description

Loctite Corporation is a large industrial adhesives company. The company has implemented the five principles of lean management on its customer service operation. A recent merger of the customer engineering service operation with the dispensing equipment operation has the vice-president of technical service and application engineering looking at applying the lean principles on the equipment operations. The company initially considered equipment a secondary product line needed only to augment its service offering in the support of the core product, industrial adhesives. In addition, most of Loctite's equipment manufacturing activities were outsourced so suppliers played a key role in lean transformation. The vice-president must prepare a plan to implement the principles of lean management while meeting the goals set out by the president of the company.

Keywords

Inventory Planning/Control Manufacturing Strategy Price Tension Value Chain