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Building Competitiveness in Engineering Industry

  • By faber
  • July 29, 2021

COVID 19 has been a boon to some industries while causing a crisis for most of the manufacturing organizations, forcing them to face several challenges in their operations and working methods. Even with the continual decline of the economy, a sharp rise in raw material prices, turbulent supply chains, and many others factors during an ongoing pandemic, several engineering organizations have been facing cost pressures and production challenges.

Faber Infinite Consulting is a global management consulting organization, assisting organizations to improve their capacity and be competitive in the market by increasing their profits through a structured organizational transformation journey. Team Faber Infinite has an experienced and expert team of consultants who are highly skilled in change and sustenance management.

Below listed are a few of the challenges in the engineering industry which need attention:

  • Low manpower productivity
  • High throughput time
  • High inventory carrying cost
  • High maintenance cost
  • Delay in deliveries

Team Faber Infinite’s expert team of consultants has worked with client teams from the engineering sector and implemented the proposed solutions to realize the benefits. We have implemented various frameworks, tools, and techniques thus delivering remarkable results. 

Showcasing the numbers below that we have not only supported our clients deal with the challenges but also sustaining that results:

  • Improvement in manpower productivity by 40%
  • Reduction in throughput time by 36%
  • Reduction in overall manufacturing costs by 33%
  • Improvement in machine availability by 20%
  • Improvement in On Time In Full delivery by 26%

With Team Faber Infinite’s knowledge and expertise in transformation for organizations in the engineering industry, we have developed an exclusive framework that delivers remarkable results. Take the transformational leap for your organization’s operations and accelerate your journey to excellence in the engineering industry. Contact us today at [email protected] 

Written by Faber Nency and Compiled by Faber Mayuri