Asset Utilization & Technology
Using current technology to enhance asset utilization can provide a real competitive edge in so-called ‘mature’ markets. Here, “plants should sweat”. That means cost levels and investment returns can be enhanced by applying present technology to ensure maximum conservation of assets.
In order to achieve this, certain queries must be asked. Are assets being used at their atmost capacity, speed and flexibility? Is energy and materials’ consumption are as low as possible? Is manpower reduced to optimal levels? Is the technological expertise of suppliers and customers consolidated into current processes? Has in- and out-sourcing been optimized ? Whether continuous improvement is taking place? Whether S&OP, planning and scheduling processed integrated to make the maximum use of technology. Whether the ideas for improvement are being taken up & are fully executed?
What VJM & Associates Offers
We have created a practice for analyzing and increasing asset utilization. This includes bench marking (not limited to the company’s specific industry), activity and cost analysis, process and organisation modeling, plus total supply chain and continuous improvement models.
VJM & Associates basically focused on three key elements: business knowledge, creativity and common sense. Our experience reflects the combined forces of your experts and VJM & Associates expertise will maximize asset utilization – it really will “make the plants sweat.”