Rapid Business Turnaround For Two Steel Plants
The Situation
Achieving performance improvement missions at an Indian family-controlled steel business.
Heavy losses led our client to seek significant cost reduction in its two steel plants.
Plant A: New investments had increased capacity significantly, but mean time between failure (MTBF) was low.
Plant B: This was a new steel plant, but its hot rolling was a bottleneck. The objective was to increase throughput by 50%.
The Solution
WIL Group quickly put in place a team of experts (MTBF, total productive maintenance and metallurgy), on a part time basis for 18 months.
The India and France offices of the WIL Group handled and coordinated this effort.
The Result
Plant A was a real success story, particularly the implementation of cost-loss matrix, TPM and MTBF.
Quick results were achieved at Plant B by focusing on a few key performance issues.
Second phase of improvements at Plant B continues with selective capital expenditure.