Problem Statement
A chemical company was facing issues with higher fixed cost and poor OEE.
Approach by Minton
- Identified opportunities in reducing utility cost and overheads through utility optimization program organization design
- Mapped processes and identified opportunities to introduce automation to improve productivity and reduce utility cost
- Redesigned and implemented work processes for utility cost reduction
- Used statistical process control methodology to reduce process variation and improve Cpk
- Implemented work order system in maintenance to improve wrench time and reliability program such as predictive maintenance and bad actor improvement
Results
Reduction in utility cost by 12%
Reduction in overheads by 15%
Improvement in OEE by 10%