A leading manufacturing company faced with the challenge of meeting increasing market demand while reducing lead times. With production expected to increase by 25% in 2024, it was essential for the company to prepare for the new market requirements and optimize its production processes.
KORN CONSULT GROUP achieved a 25% Lead time reduction, resulting in €1,000,000 savings and increased productivity in a medical technology industry leader’s value stream program.
Here’s a detailed overview of our team’s strategic steps for success:
- Transparency through KPIs: Improved measurement methods and monitoring processes have boosted production efficiency
- Lean Awareness: Workshops and training raised employee awareness of lean principles, fostering a culture of continuous improvement.
- Identification of the top 10 “micro-stops”: Analyzing and minimizing production disruptions significantly reduced downtime and shortened throughput times.
- Lean SMED Workshop: Optimizing setup times enhanced flexibility and productivity through efficient processes and standardization.
- Kaizen workshop: Collaborative process improvements in production logistics further reduced throughput times, yielding significant cost savings.
