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New Millennium Technology Company, LLC (NMT) and Mark 1045, Inc. announced a strategic partnership designed to mutually benefit both companies by better serving their clients’ global sourcing needs. “When faced with the make-or-buy decision, many companies have difficult times determining the true costs and benefits associated with global sourcing because of a lack of knowledge and/or presence in China,” said Mark Eystad, President of Mark 1045, Inc. “This alliance allows us to apply the Lean Principles to our global logistics and supply chain offering,” says John Long, President of NMT Company. “This also allows us to apply our large network of sourcing options to the benefit of U.S. and global companies,” he continued. Sourcing Options – China and other lower-cost countries While the basic tenants of ‘Lean’ state that manufacturing operations should be localized to provide component parts on a just-in-time basis to accommodate the lowest possible transportation costs, this alliance challenges this paradigm by asking: “What if you could accomplish a just-in-time environment and reap the benefit from the lower costs of outsourcing?” Because of their in-depth knowledge of the different regions in China and the varying cultures that exist in each region NMT Company can effectively accomplish both. Global Supply Chain Management Often, companies do not possess the resources to effectively navigate through the maze of the monopolized transport infrastructure, the fragmented and chaotic distribution system, the local protectionism, and the cash flow and accounts receivable problems, much less the usual petty bureaucratic interference often associated with managing their global supply chain. NMT Company knows how to navigate these waters. Mark 1045, Inc. is a management consulting firm headquartered in Marietta, GA, specializing in implementing continuous improvement processes based on Lean Manufacturing, Six-Sigma and the Theory of Constraints (TOC). Their tools will reveal and eliminate the waste (muda) in your organization from the shop floor to the front office. Mark 1045, Inc. believes the untapped value of organizations is remarkable. If you are willing to break free of the old and learn the new, they promise to deliver astounding results. NMT Company is an international strategic consultancy specializing in offering global sourcing, logistics and supply chain management. With offices in Shenzhen, China and Tulsa, OK, its primary focus remains in trading between the two economic powerhouses - China and US
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