leveraging capital to fuel dynamic growth
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 meet customer expectations for dynamic growth?
methodology:
- From concept to delivery in three months, we:
- Created a custom education program, extending specialized knowledge gained in previous work combining Lean and Six-Sigma to improve overall equipment effectiveness (OEE).
- Developed the program along the Six-Sigma DMAIC route map - with lectures, case studies, and class exercises.
- Divided participants into teams (consisting of Lean Masters and Master Black Belts / Black Belts).Assigned teams to specific equipment sets on which they would be expected to deliver increases in OEE.
- Identified projects that would maximize impact on overall capital leverage and performance of the whole performance chain rather than on local improvements. Coached teams’ implementation.
benefits realized:
More than 60 client team members were trained in this methodology, learning to combine Lean and Six-Sigma in collaborative work projects focused on increasing OEE of key capital equipment sets. Select team members were trained as "masters" and now deliver the program throughout company operations.
One manufacturing plant created a savings of over $7 million in capital investment, while improving plant output to meet increased and more dynamic customer demand.
vp, global operations, high tech manufacturer
“You helped us see we had more capacity in our control than we realized. As a result we were able to postpone or delay some major capital investments, while we met dynamic and expanding demand."
facing a major capital decision?
Contact Aveus Partner, Sue Gillman. You can reach her at sgillman@aveus.com.
