In searching for high returns on capital, business owners often overlook the benefits of Process Improvement.

So why is process improvement one of your best investments?

Low capital cost – Process improvements require low levels of capital – especially when compared to other options such as facility upgrades, or new plant and equipment.

High labour cost – Process improvement aims to reduce cycle time.  Due to high labour rates, even minor reductions in labour can result in big returns on capital.

Exceeds expectations – By engaging staff in the improvement process, solutions that are generated often provide higher value than originally anticipated.

Incrementalism and flexibility – Unlike many other investments that require a commitment to large fixed costs, process improvement can be done incrementally and flexibly.  In this way, you can gradually invest in process changes and adapt to changing circumstances.

Culture and engagement – Process improvement is collaborative. By working together to solve problems, staff achieve a greater level of autonomy while fostering a culture of shared improvement.

At transfirm, we seek to understand what our clients need, and work with them to actualize the benefits of process improvement.