Continuous Improvement Through the Enterprise: Stamper's Continuous Improvement Program Achieves Annual Cost Savings of $1.2 Million
At a Glance:
A supplier's employees generated a total of 8,450 implemented continuous improvement ideas
The innovative program cost the company $70,000 to manage and resulted in annual savings and cost avoidance of $1.2 million
The stamper puts into action its mission of "Profits through continuous improvement, while having fun during the process"
The improvements in manufacturing processes reduce waste and improve the bottom line
The continuous improvement program's goal is to make small, incremental improvements in five main categories: Quality, Cost, Delivery, Safety and Moral