Profitability improvement by establishing a unified Business Excellence initiative in the chemical industry

Initial situation

  • A leading global chemical company required the consolidation of parallel, ineffective Excellence programs and wanted to establish a structure for the deployment of its strategy
  • The company found itself in a competitive market environment and had to increase its profitability to ensure future competitiveness
  • Aggravating factors were parallel structures in the organization and systems resulting from inorganic growth as well as poor data quality
  • A holistic Business Excellence framework was required to align strategy, processes, and organization

Achievements

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Improvement projects implemented at 10 locations worldwide in 3 years
0 Mio. €
Benefits realized (investment-to-benefit ratio of 1:5)
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Lean Six Sigma Belts trained and formed to a global Excellence community

Our approach

  • Establish a global end-to-end standard for Excellence programs based on Lean and Six Sigma and consolidate ongoing initiatives
  • Train employees and build a global community
  • Select business areas with high potential and implement projects to increase effectiveness and efficiency
  • Apply the Hoshin Kanri methodology to ensure optimized tactical and strategic alignment across the entire value chain
  • Ensure close collaboration between executive board, management, and employees to build trust in the initiatives