It’s pointless to examine efficiency on one process or machine when the next process or machine is full or you have to wait. Tools such as a ‘process flow chart’ or a ‘process map’ help to determine each step in the production process. We have used these tools to eliminate or possibly reduce TIME IN WAITING and have recommended the following solutions to achieve overall efficiency in operations with the Steel Efficiency Review®:
- SUPPORT WITH SEMI-FINISHED MATERIAL – Supporting our customers with semi-finished material so they can concentrate on adding value with a few small steps in their own production line helps decrease labour costs and increase business cash flow when needed the most. A highly workable solution to help with TIME IN WAITING in any steel business.
- ACCURATE SALES FORECASTING TOOLS AND BUSINESS SUPPORT – Simplifying purchasing patterns and systems to allow seamless management of product requirements. Predicting future sales trends using accurate sales forecasting tools and templates. A workable solution with local business support to help overcome problems associated with TIME IN WAITING.
- ACCESS TO CUSTOMER-OWN STOCK – Providing the right customer stock at the right time allows steel businesses to not carry excess stock and spend time in waiting. A highly workable solution to find the right mix of customer- own stock when needed the most to ensure production is kept at optimal levels at all times.
We have found, our customers pursue the SER® as a vehicle to look at their business in a different way to make some small changes to reap big rewards. 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.