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COSMETICS MANUFACTURER LEVERAGES INFORMANCE IN RESPONSE TO GROWING DEMAND
Beauty leader expands capacity for manufacturing products while increasing margins and shareholder value.
REDWOOD CITY, CA - Informance International, a leader in manufacturing business intelligence and enterprise manufacturing intelligence solutions announces that one of the world’s largest beauty and cosmetics companies now relies on Informance to increase product capacity within plant facilities and across the manufacturing network without capital investment or additional contract manufacturing. With Informance, the world-renowned consumer goods company drives and sustains manufacturing operations performance to increase capacity and reduce costs.
"Right now, cosmetics companies have a unique opportunity to increase margins even during this difficult economic period of soaring commodity and fuel costs," comments Sunil Singh, president and CEO of Informance. "Our focus is to help manufacturers achieve operations excellence regardless of the economic environment, and we are especially proud to be able to help them improve shareholder value when the climate is especially bleak."
Cosmetic companies face the same concerns as other consumer packaged goods companies over the sharp rise in raw material, fuel and other costs. As a result, they look for ways to address these concerns within the value chain so that they can avoid passing along the impact to consumers. This global manufacturer, in particular, has recognized that now is the time to step up efficiency for increased profitability via operational excellence.
The global cosmetic manufacturer selected Informance solutions in order to assess improvement opportunities and align plant tactics with corporate strategies. They also look to Informance master consultants to make recommendations for the sustainability of operational excellence. Plant and executive management will use Informance solutions to measure and report the financial impact of performance improvements, and to discover, evaluate and take action on opportunities in their manufacturing operations.
Other consumer packaged goods companies have started to look at the way cosmetics companies leverage real-time performance intelligence and improvement evaluation analytics for manufacturing operations. They have also started to realize that simple OEE tools are not adequate to drive the improvement portfolio – Lean, SixSigma, TPM and other improvement methodologies. Cosmetics giants are among those leading the way in the adoption of platforms that deliver facts, pervasive visibility, and maximum knowledge transfer, along with real data, actual root cause analysis and a deep understanding of problems to develop one true path to fix them.
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