ACT

Ours is a young team with a vast and rich experience to our credit. Some of the professional attainments of our team are listed below. Additionally, there are some case studies to depict the areas where our improvement approach can be deployed to gain benefits:

  • Experience of having designed & conducted simulation exercise to draw Lean concepts of flow, pull, Hitori Yatai Seisan etc.
  • Carried out several projects, reducing defects using techniques like Differential Diagnosis
  • Improving quality standards through principles of First Time Right (FTR) and Dr. Deming’s rules of quality
  • Projects undertaken for Inventory reduction and management.
  • Undertaken layout improvement - achieving a productivity increase of 50%
  • Implementing 5-S across organization through a well laid down roadmap and audit structure
  • Improving lead time, productivity and quality through Waste elimination
Go Top

Background: A mid-sized research based financial services company trading and investing in financial products

Issues / Requirements:
  • Lack of well defined & standardized systems and procedures
  • Repetitive re-work and reconciliation of accounting entries
  • Heavy dependency on seniors for process accuracy
  • Poor timeliness in meeting internal benchmarks for statutory requirements
Actions Undertaken:
  • Mapped gaps in the existing processes, leading to delays and errors
  • SOPs, templates trackers laid out to standardize processes and ensure timely completion
  • Internal customer orientation built into PMS (Performance Management System)
  • Creation of an Annual calendar & tracker for meeting statutory requirements
Benefits:
  • Processes improved to give higher productivity and speedier completion
  • Processes more standardized and system driven enabling lower person dependency, better accuracy
  • Better team work or interdependent departments within the organization
  • Timely completion of statutory formalities as per internal benchmarks