What is the true cost of doing nothing to reduce your levels of wastage & improve Production Efficiencies ?
Consumers and producers alike , we are all having to tighten our belts in order to make ends meet . Factors outside our control such as the low value of the pound , high levels of interest rates , inflation and rising consumer prices everywhere , not to mention the effect of the Ukrainian war and the aftereffects of Covid , are putting the squeeze on all our budgets .
Packers and processors who supply the UK supermarkets have been experiencing this ‘ piggy in the middle ’ situation for a long time , with higher energy , raw material and labour costs on the one hand , and little or no opportunity to increase prices to the supermarkets , on the other .
However , this recent escalation of costs has put many FMCG manufacturers in a position where they must do something drastic if they are to survive . Instead , 16 FDPP - www . fdpp . co . uk many are hunkering down , reluctant to make new investments and tightening their belts in an effort to survive the current situation . With insolvencies up 42 % on last year , some have already done too little , too late and sadly more will follow .
Those seriously committed to continuous improvement will have the vision to see that the best way forward is to interrogate their own end-to-end transformation costs
‘ LEAN ’ IS NO LONGER THE SMART MANUFACTURERS CHOICE , BUT A SURVIVAL NECESSITY
Those seriously committed to continuous improvement will have the vision to see that the best way forward is to interrogate their own end-toend transformation costs , by looking inwardly to discover every opportunity to reduce giveaway and wastage , and improve their production efficiencies .
‘ YOU CAN ’ T IMPROVE WHAT YOU DON ’ T MEASURE ’
Real time accurate information is essential to make cost effective and informed decisions in a timely fashion .
Harford Control have been helping manufacturers to reduce pressure on pain points for more than 45 years and have consequently created a comprehensive toolkit to prioritise and sustain improvements , thus showing the fastest possible return on investment .
When Average Quantity Law came into force in 1979 , ( one of the few pieces of legislation which actually works in