Improving profitability by establishing a living excellence initiative in the chemical industry

Initial situation

  • A leading global chemical company wanted to merge parallel, ineffective excellence programs and establish a structured strategy implementation
  • The company found itself in a competitive market environment and had to increase its profitability in order 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

0
Improvement projects implemented at 10 locations worldwide
0 million €
Benefits realized (investment-to-benefit ratio of 1:5)
0
Lean Six Sigma Belts trained and excellence community formed with them

Our approach

  • Introduce global end-to-end standard for excellence programs based on Lean and Six Sigma, consolidate and bundle current initiatives
  • Train employees and establish a global community
  • Select business areas with great potential and implement projects to increase effectiveness and efficiency
  • Implement optimized tactical and strategic alignment along the entire value chain using the Hoshin Kanri methodology
  • Ensure close cooperation between the Board of Directors, management and employees to create trust in the measures