Are you maximizing the value of your asset base?
If you could operate your plant 24/7 for one year, make 100% quality product at 100% maximum rate and 100% target yield – how much profit would your organisation make?
Continuous Improvement is about improving your business processes and quality performance. Poor business processes result in waste, poor quality products and unnecessary cost. Asset Utilisation one element of continuous improvement, it is both a measurement and a business process that when implemented can improve plant throughput whilst using the existing asset base. An increase in asset utilisation can generate the free capacity, avoid capital costs, and reduce operating costs, all of which are crucial for survival in the current climate.