SigmaPoint is deeply committed to lean principles
Design for Velocity
Right decision at the right time
At Sigmapoint, we move beyond traditional DFM (Design for Manufacturing). We have developed the concept of Design for Velocity (DFV), which is the art and science of designing a product along with the concurrent manufacturing and supply-chain processes that strive for a complete elimination of waste and achieve the lowest TCO (Total cost of ownership).
DFV is the sum of all the manufacturing design expertise like Design for Manufacturing (DFM), Design for Test (DFT) and Design For Supply Chain (DFS) with the single goal to maximize product margin apex for our customer early in the product life cycle.
We enable our customers to have the necessary vision and make the right decisions to reduce manufacturing cost, ensure the highest quality and fully understand the supply chain challenges to reach volume production right here in Cornwall, Canada.
Our Lean enterprise method considers the expectations from the customer to determine what is of worth, and then examine the processes with the aim of reducing the non-value added practices.
Operational Excellence is part of our DNA to ensure continuous improvement, which will translate into cost saving for our customers.
Lean enterprise, REINVENTED!
Our experimentation with the concept of Lean enterprise is our life journey. With the philosophy of doing as a form of learning, through people development, we enable a culture of new scientists, which create rapid change at all levels. Removing waste allows costs to decrease naturally, providing a similar cost structure of an offshore geography.
SigmaPoint…The paradigm shift
Offshore manufacturing might seem extremely affordable at first glance. But when you consider shipping, minimum order quantity and storage, your expenses begin to creep up. Reshoring is the painless way to reduce the total cost of products and improve balance sheets. It’s also much more efficient in driving product innovation. Just ask any of the players who are changing the game. Save yourself the offshoring headache.
There are many reasons for North American OEMS and Startups to reevaluate offshoring and consider reshoring. Our customers are increasingly recognizing that costs and risks previously ignored are large enough to overcome the low cost country wage advantage. They are seeing the benefits of proximity, i.e. producing in the market.
At SigmaPoint we help our customers identify the top benefits of reshoring in Cornwall. We will put the business case together that will demonstrate that our operational excellence will result in similar pricing as low cost country and increased flexibility.
- Lead time
- Higher product quality and consistency
- Freight costs – Air, boat
- Lower inventory levels, faster turnarounds
- Better responsiveness to change management
- Minimal intellectual property and regulatory compliance risks
- Improved innovation and product differentiation
- Local tax incentives (Duty or others)
- Cost of Money
SigmaPoint can integrate information and capabilities, which allow for the coordination of one holistic vision for a company’s enterprise operations encompassing Supply Chain and Op’s streams such as:
- Materials Management and Distribution
- Supply Continuity
- Strategic Sourcing
- Execution on Demand
Through certain tools that Sigmapoint possesses, such as Kinaxis RapidResponse, combined with our ability to quickly identify Supply Chain disruptions, we can manage recovery and invoke process re-engineering and modeling, giving the customer the confidence and competitiveness they need to be successful in an increasingly complex and volatile marketplace