Cost Savings Program (CSP) for a major chip manufacturer reduces Cost-Per-Move (CPM) through adaptive maintenance, systematic barrier removal, and rigorous performance management by $118 million. The Situation: After laying off off hundreds of employees to cut costs, the technology company … [Read more...] about Semiconductors: Cost-per-Move Reduction to Save the Budget
Food Flavors: Journey to World-Class Efficiency
Lean Transformation Program (LTP) for the largest food flavor and fragrance company to streamline operations end to end, achieving industry-leading profitability from world-class operating efficiency. The Situation: Profitability was steadily declining and attempts to reduce costs were … [Read more...] about Food Flavors: Journey to World-Class Efficiency
Power Electronics: Complexity Cost Reduction
Cost Reduction Program (CRP) for Eltek, a global electric power conversion specialist, to reduce the cost base by optimizing interfaces between engineering, operations, and sales. The systematic application of Lean principles created flow along the value chain, from quote to design to … [Read more...] about Power Electronics: Complexity Cost Reduction
Transport & Logistics: Cost Reduction Program
Cost Reduction Program (CRP) for a large industrial multinational with focus on transport and logistics, delivering $15 million annualized savings within the first 4 months. The program increased transparency of procurement and operational processes, spend by mode and route, established service … [Read more...] about Transport & Logistics: Cost Reduction Program
Diesel Engines: Warranty Cost Reduction
Quality Excellence Program (QEP) for large engine manufacturer to improve process capability and product reliability, resulting in $59 million warranty cost reductions in 7 months. Upgraded quality system and redesigned management processes to create full transparency of product performance and … [Read more...] about Diesel Engines: Warranty Cost Reduction
Airline Catering: Labor Productivity Cost Reduction
Cost Reduction Program (CRP) for global airline caterer to meet top-down profitability target by transforming seven factories with focus on planning, manning, manufacturing and logistics. Applying Lean techniques to the operations value-stream allowed streamlining processes, delayering the … [Read more...] about Airline Catering: Labor Productivity Cost Reduction
Household Appliances: Factory Consolidation
Cost Reduction Program (CRP) for a household appliance manufacturer in China to significantly reduce operating costs by merging two assembly factories, right-sizing the manufacturing footprint. The new structure allowed streamlining material flow and adjusting manning from 8,000 to 6,000 … [Read more...] about Household Appliances: Factory Consolidation