RIBCON
Leading manufacturers are prioritizing cost reduction to enhance profitability, optimize cash flow, and strengthen working capital, driving long-term growth and innovation. This strategic approach helps them maintain a competitive edge and adapt to evolving market demands.
By integrating lean kaizen, advanced analytics and smart manufacturing, companies can optimise processes and resources to reduce costs while maintaining quality and productivity.
We partner with you to quickly identify areas of improvement and potential cost saving opportunities across all facets of your operations.. Our lean kaizen consultants analyse current performance of each function of your operation using root cause analysis and other diagnostic lean kaizen tools, develop an achievable plan, implement that plan and help companies sustain results.
Our operational excellence expertise helps you achieve 25-30% cost reduction without compromising on quality and speed of operations.
Reduce material losses by identifying material losses such as yield loss, rejection, scrap and rework and by implementing root cause analysis, TQM and six sigma tools.
Reduce manpower costs by identification and elimination of productivity losses such as waiting time, searching time, unnecessary movement, rework, quality issues, machine downtime, skill gaps, and absenteeism.
Reduce machine costs by reducing machine breakdowns, changeover times, speed losses and quality losses through effective implementation of Total productive maintenance.
Reduce inventory costs by minimizing excess stock using the Pull system, optimizing storage through warehouse layout optimization, and improving material flow using just in time inventory.
Reduce energy costs by identifying and optimizing high-energy-consuming processes. Implement energy management practices such as real-time energy monitoring, process automation, use of energy-efficient technologies, load balancing, and staff training on energy conservation.
Reduce maintenance costs by reducing consumption of high value spares with root cause analysis and Total Productive Maintenance pillars.
Identify high impact cost areas using pareto analysis focusing on 80/20 rule where 80% of costs typically come from 20% of cost drivers and and prioritise cost reduction efforts on these areas using lean kaizen tools.
Analyse focussed cost drivers by conducting root cause analysis at the workplace to identify and eliminate non-essential costs and inefficiencies leading to higher costs.
Implement lean kaizen tools and strategies to optimise processes, enhance productivity and eliminate inefficiencies, wastages and losses to lower cost.
Establish sustenance systems and reward mechanisms to retain and sustain new initiatives, track the progress of those initiatives and ensure that gains flow through to the P&L.
Material losses reduction
Inventory cost reduction
Manpower cost reduction
Energy cost reduction
Repair & Maintenance cost reduction
Machine losses reduction
We specialize in delivering customized Lean Kaizen Strategies & tools tailored to drive cost reduction in specific functional areas as per client’s need. By integrating proven methodologies such as Total Productive Maintenance (TPM) for minimising machine losses, Pull system for optimizing inventory, TQM and six sigma for minimising material losses, we help businesses eliminate inefficiencies and maximize productivity. Our approach focuses on continuous improvement, waste reduction, and streamlined workflows, ensuring sustainable cost savings and enhanced performance across all operational areas.
With experience across diverse industries and challenges, we deliver unparalleled insights and solutions especially designed as per the needs. For more details, contact us today!
