The transformation of financial firms

Coaxio helps manufacturing company improve efficiency by 20%

In today's competitive manufacturing landscape, every percentage point of efficiency improvement counts. Coaxio, a leading business consulting firm, assists manufacturers of all sizes in identifying and implementing strategies to enhance their efficiency and productivity.

Challenge:

A major manufacturing company was struggling to keep up with demand. Its production lines were inefficient, and it was experiencing high levels of waste and scrap. The company needed to find a way to improve its efficiency to meet customer demand and reduce costs.

Solution:

Coaxio's team of experts assessed the company's production processes and identified areas for improvement.

• Utilizing value stream mapping to identify and eliminate waste from the production process
• Implementing just-in-time inventory management to reduce inventory costs and improve cash flow
• Applying total productive maintenance to enhance machine uptime and reduce maintenance costs
• Incorporating 5S to create a more organized and efficient work environment

Results:

As a result of Coaxio's interventions, the company was able to improve its manufacturing efficiency by 20%. This led to a significant reduction in waste and scrap, as well as an increase in production output. The company was also able to reduce its inventory costs and improve its cash flow.