SBS BC provides process improvement project to steel factory in Perth
In mid 2022, SBS BC was engaged to provide advices for a steel factory in Perth to improve its current factiry processes, including, but not limited to, production process, inventory procedures, delivery process, material management system, and coating process. The project required 6 months of intensive onsite works to investtigate, redesign, and re-engineer current processes at the factory of the steel factory.
After series of meeting with senior managers of the factory, and loads of interviews with line managers and front line employees of the Company, a master plan was developed with key deliverables. The project team included 3 consultants from SMS BC, 2 senior managers and 5 line managers of the Company.
After 6 months of dedicated works, operational efficiency of the Company is expected to improve significatly, of which profuction capacity increases by 165%, trasnsmission time among processes reduces by 12 minutes per cycle, and materials is so well-managed that the total time of a production circle is reduced by 6 minutes. Consequently, operational profit is targeted to increase by 36% in the following year (2023), 26% in 2024, and keeps at the same in 2025.