Case Study 3 | Insurance Sector

Promech worked with an International Insurance company removing failure demand linking directly to cost reduction.

 

Project Summary
Focus - Removal of failure demand linking directly to cost reduction
Key Techniques Employed - Process mapping
- Lean
- SPC Control
- Process realignment
- NVA removal
- Supervisory control
- Operator training
Result 3.8 million
ROI 12:1
Comments Approach was clearly on failure demand elimination. Savings came mainly from increasing workload with reduction in labour hours. Company pride itself on Lean thinking.