OPTIMAL PRODUCTION RUNS was considered to be a challenge for steel businesses serving diverse industries in Australia. Possible causes of over production comprise:
- Large Batch Sizes
- Unreliable Legacy Processes
- Unstable Schedules
- Inaccurate Forecast Information
Overproducing may cause businesses to tie up their cash flow in stock, raw materials, work in progress and finished goods. We have found if you could eliminate or possibly reduce OVER PRODUCTION the savings would be straight back on your bottom line improving the profit in your business. The Steel Efficiency Review® process recommends operations and productions teams to make what the customer wants driven by standard procedures and controlled by quality standards. This will help reduce or even eliminate over production.
Our SER® consultants have recommended the following value proposition solutions to provide Optimal Production Runs:
- Time in waiting improvements to reduce bottlenecks
- Optimisation of feed material
- Optimal stock sizes and attributes
The Steel Efficiency Review® aims to provide recommendations to support our customer’s business and at the same time improve our product and service offer. To register for the Steel Efficiency Review® click here.