The particular unit of Asian Paints had a relatively higher budgeted cost of production – highest chunk in man-hour, which needed to be reduced by fair means and improving the overall process.
Approach by Minton
Minton team redesigned the budgeted manpower norms for 80% of production batches by an average of 16%. This resulted in a direct budgeted cost saving of 16% per unit of output.
This exercise resulted in that particular unit of Asian Paints winning an internal award for the year for the significant improvement made in the area of cost optimization.
Below are some of the insights from the observations and redesigning of manpower norms