Optimum management of available information permits a sizable reduction in the time usually allowed for information research and to improve identification of the corrective measures required to improve plant productivity and profitability.
The improvement process is continual as it is attributable to measured performances, presented on different criticality reports, which are available as soon as the data is input. Criticality reports allow rapid prioritization of improvement efforts to ensure that the corrective measures implemented bring the expected profitability gains. The improvement process is used primarily to identify the main causes responsible for the problems observed and to propose optimum solutions to reduce the observed impact as quickly as possible with a minimum of resources implicated. Each proposed corrective measure is analyzed in function of the estimated annual net profit. In this way the investment required for corrective measure implantation does not exceed the observed impact of the corresponding problem.
«Rapid, continuous identification of data gives the company cost-effective, corrective measures with precise, quantifiable improvement objectives.»
Continuous performance improvement.