Manufacturing Today - May/June 2017 - 50
Loc Performance Products Inc.
government that it had the systems in place to manage
the supply chain and quality assurance aspects of the project so that it could deliver the required 30 vehicles every
30 days. "We saved the government $220 million on this
contract," Atkinson says.
The long-term benefits will be even larger. According
to Loc, the Army is projected to save more than $2 billion
over 10 years as a result of the upgrades.
Loc has since earned exceptional ratings in management, quality, schedule, subcontractor management, remanufacturing, training and risk mitigation from the government's Contractor Performance Assessment Report
(CPAR). Loc's experience with such a large government
contract could open the door for small- and medium-sized
companies on future bids. "If the government is willing to
break out that work to other small businesses that can at
least compete, they will get a satisfactory product on time
and saved hundreds of millions of dollars in doing so," Atkinson explains.
That same kind of dedication has been recognized by
other customers. U.K-based BAE Systems had contracted with another global manufacturer to supply planetary
speed reducers, a type of gear box. The system ended up
having field failures which led to an opportunity for Loc to
quote the system.
loc performance strives to
exceed industry standards
for quality in all of its
manufacturing-today.com MAY/JUNE 2017