An over $20B global company that does light manufacturing and value-added processes struggled to meet the cost as a percentage of sales. Many of the processes were suboptimized and treated as if they were unique. The employees did not feel empowered to offer suggestions or have the appropriate skill set.
Services Provided
Working collaboratively with the client, the team was able to:
- Identify the mechanism and training to roll out the tool to capture productivity projects
- Review current training, identify gaps, and create new training focused on Operations
- Create requirements to validate and track savings with Finance
- Work with focus groups to identify a way to share best practices
- Work with leadership to gain buy-in on continuous improvement culture
Results
The client achieved savings in Year 1 of $30M and Year 2 of $50M in productivity realized. Additionally, they implemented:
- Dashboard for productivity projects from conception to production
- Bi-monthly cadence with the executive leadership team to review progress
- Financial approval for productivity projects for credibility
- Forum to share best practices and empower employees
- Training program to increase employee skill sets
