When thinking about making efficiencies and chasing profitability, getting the most out of your current machinery makes complete sense in any operational setting. Our SER® consultants have recommended the following 3 key value proposition solutions to help deliver this:

  1. TIME IN WAITING IMPROVEMENTS TO REDUCE BOTTLENECKS – Simplifying purchasing patterns and systems to allow seamless management of stock to machine. Predicting future sales trends and using accurate sales forecasting tools and templates will help improve time in waiting and reduce operational bottlenecks. A workable solution to improve workflow and provide greater opportunities to get the most out of your current machinery.
  2. OPTIMISATION OF FEED MATERIAL – By investing is smaller material deliveries and quicker lead times where possible; creating optimal coil sizes, pack sizes and packaging – will allow you to get the most out of your current machinery.
  3. OPTIMAL STOCK SIZES AND ATTRIBUTES – Adjusting stock levels dependent on buyer behaviour and historic reporting will allow for optimal stock sizes and related attributes, Uncovering trends and seasonal highs and lows provides production teams with the right information to work with sales to increase business cash flow when needed the most. A highly workable solution to help to get the most out of your current machinery.

The Steel Efficiency Review®aims to provide recommendations to change and improve our customer’s business and at the same time our product and service offer. We work hard with our customers to innovate and develop new solutions.

Download our State of Market Reports for our insights and learnings on businesses of all shapes and sizes across Australia. To register for your own FREE Steel Efficiency Review® click here.