Did you know, worlds eighth largest automaker an Italian-American organization was able to improve its productivity by 75% just by implementing Operational Excellence?
The organization began using operations excellence and management in order to establish the basic world-class manufacturing to manufacture products of higher quality by eliminating losses and improve its work standard in all its factory fields.
The organization defined the initiative with the intent to raise their performance and standards to the level of world-class manufacturing. The initiative included improvement of quality and maintenance, management of cost and logistics and much more.
The main reason to begin with this initiative was to increase the productivity and the flexibility in an elementary technology unit of a mechanical subgroup in the organization’s assembly process at one of its plant with PDCA approach.
With the help of the PDCA approach, 4 workstations were analyzed an in various sub-phases of the production process, 41 kinds of Non-Value Added Activity – NVAA (MUDA Analysis) were found. After the completion of MUDA analysis, the places where the solutions were applied were found to have a lean process.
Faber helps organization to Improvement in Productivity by more than 75%
Once, the organization completed the implementation, the results were found as; improvement in productivity by more than 75%. And also improvement in ergonomics by more than 85%, optimization of logistics flow, and much more.
As you can see, operational excellence is helping organizations across the world find hidden opportunities towards becoming world class. The above-mentioned case is one such example of one of the fortune 500 companies, which is already renowned as the world best manufacturer.
Hence what growth stage the organization is at, there will always be hidden opportunities for better and sustainable growth. Have you started working towards operational excellence of your organization?
Compiled by Faber Priyal & Faber Mayuri