leveraging capital to fuel dynamic growth

Client: A Fortune 500 Company

Challenge:  How can a Fortune-500 technology manufacturer improve its overall equipment effectiveness to avoid tens of millions in capital expenditure and support dynamic growth?

Methodology:

• Building on previous work combining Lean and Six-Sigma to achieve synergistic benefits to overall equipment effectiveness (OEE), Aveus created a custom education program to extend this specialized knowledge and skill to a wider group.
• The program was developed along the Six-Sigma DMAIC route map - with lectures, case studies and class exercises. 
• Participants were divided into teams (consisting of Lean Masters and Master Black Belts / Black Belts) and were assigned specific equipment sets on which they would be expected to deliver increases in OEE. 
• Projects were identified to maximize impact on overall capital leverage and performance of the whole performance chain rather than on local improvements.
• Project duration from concept to delivery was 3 months.
  

Benefits Realized:

• Over 60 client team members trained in this methodology, and learned to combine Lean and Six-Sigma in collaborative work projects focused on increasing OEE of key capital equipment sets.
• Selected client team members were trained as “masters” and now deliver the program throughout company operations.
• One manufacturing plant has identified savings of over $7 million as a result of this methodology.