The automotive industry in India is one of the largest in the world, and it has grown to enormous proportions in recent years, contributing significantly to the country’s GDP.
It has been a difficult journey for the automotive industry during the COVID-19 period. The industry has taken a lot of effort to flourish during these unprecedented times. Team Faber Infinite has been supporting clients from the automotive industry during the COVID 19 pandemic as well.
We are glad to share Team Faber Infinite’s experience in the automotive industry, which has delivered phenomenal performance across 3 regions and 10 countries around the world. With dozens of clients in the automotive industry to serve, Faber Infinite has delivered 100s of successful projects & trained over 10,000 people.
Typical Areas of Improvement:
The expert team of consultants at Faber Infinite has delivered excellent results in the following areas of improvement:
Every business aims to improve the production output, and Team Faber has delivered results to the clients in increasing their production output. Thus reducing the cost of the output and making the organization more efficient and effective.
Increasing manpower productivity has a direct impact on the organization’s goals. Increased manpower productivity leads to increased quantity and quality of work, with a greater emphasis on time and energy management.
Our consultants deploy robust OEE (Overall Equipment Effectiveness) tracking and improvement methods to improve machine availability, quality, and performance, and eliminate machine losses and waste. OEE improvement can remove bottlenecks from processes and track changes in processes to improve capacity. Faber Infinite consultants are equipped to deliver excellent results via OEE improvement to support clients across the organization that will help the client to be more productive and profitable.
Further, areas like inventory optimization, physical workplace improvements, as well as employee alignment and development, are also been worked upon.
Tangible Benefits Delivered by Faber Infinite to our clients from the Automotive Manufacturing Industry:
Improved capacity by ~37%, without CAPEX
Improved Manpower Productivity by ~21%
Reduced Labour Cost by ~25%
Reduced downtime by ~41%
Improved Mean Time Between Failure (MTBF) by 36%
Reduced Equipment Changeover Time by ~90%
Improved Value Added Ratio (VAR) for assembly line by ~58%
Reduction in inventory by 38%
Cash release by 28%
With the cumulative experience of Team Faber Infinite in transformation for the organizations in the Automotive industry, we have devised a unique framework that delivers phenomenal results. Take the leap of transformation for your business operations and accelerate the excellence journey in the Automotive Industry. Contact us today at [email protected]Written by Faber Nency and Compiled by Faber Mayuri