Problem
There were systemic issues that impacted their ability to make a profit, evidenced by an inability to deliver actual production volume and meet On-time/In Full (OTIF) delivery metrics. The business was operating at $0 profit at the time of our initial assessment.
Solution
We utilized our proprietary VOC assessment and VOP (voice of the process) data analytics model known as QMAX$ to assess current state performance and identified potential opportunities for gap closure. We then designed a 3-year profit delivery, asset optimization & investment plan for the business to improve their operability.
Benefits
Increased profit margin to 370% and improved plant output 72%.
- Improved Operations Execution
- Improved Production Output
- Reduced Overtime
- Improved Labor Efficiency
- Reduced Material Costs
- Reduced Contractor Labor
- Effective IT & Leadership Systems
ROI Improvement Chart 3-Year Profit Delivery & Investment
