Goals of effective manufacturing
Challenges Daunting the CPG Industry
CPG manufacturers are producing either commodity products driven by volume or luxury products at the other end, driven by margin. For both the categories, effective new product development, building supply chain effectiveness and cost control measures can help businesses improve their margin and maintain their cost-effectiveness. The current times have pushed companies to adopt and scale digital to build resilience and achieve operational efficiency. There has never been a greater impetus for integrating digital and physical systems to optimize and transform the existing factories into future-ready factories.
Digital as a Means to Enable Transformation
While each organization’s digital goals will be unique to their strategy and vision, understanding where they stand would enable businesses to define the digital roadmap effectively. Assessment of current digital maturity can help organizations to identify the gaps in their digital journey, benchmark against their industry peers and create an action plan with short-term and long-term objectives to achieve their business objectives.
One digital thread. One Mission.
C-Suite
Key KPIs
- Explore New Business Model: Digital technologies to adapt evolving market dynamics with changing customer expectations and external factors to achieve sustainable growth
- Total Cost of Ownership: Digital investment, operating expenses And contribution margin by leveraging the existing infrastructure
- Business Sustainability: Identify the business process to prioritize the digital initiatives
Plant Head
Key KPIs
- Productivity: See that the plant is performing as per average throughput on a daily basis
- Downtime: Monitor the downtime due to production changeover, emergency shutdown to maintain the productivity of the floor
- Safety: Prevent workplace incidents/accidents
- Overall Equipment Effectiveness (OEE): OEE helps about the overall performance of the factory
- Quality: Ensure non-compliance in production is kept to the minimum
Engineering Head
Key KPIs
- New Product Development (NPD): Accelerate the NPD process to meet changing market demands
- Utility Monitoring: Optimized usage of key utilities like water, air, gas, electricity, steam
- Quality: Ensure quality in Product and Process
- Project Progress Performance: Track how well the project is progressing as per its plan
- Asset Reliability: Ensure minimum unplanned breakdown so that plant assets perform to their optimum level
Focus Areas
Continual Transformation (CTR)
Cluster Areas
Consulting ServicesBenefits Delivered
Expert know-how, step-by-step implementationCluster Areas
Predictive Analytics & Decision Support ServicesBenefits Delivered
Maximize plant availability, early fault detectionCluster Areas
Robotization ServicesBenefits Delivered
Improved working condition, operator enablementProductivity
10-25%
Inventory
12-25%
Connected Value Chain (CVC)
Cluster Areas
Design & Manufacturing Engineering ServicesBenefits Delivered
Shorter time to market, extended life-cycleCluster Areas
Digital Threading & Twinning ServicesBenefits Delivered
Easy access to product data, tailored learningCluster Areas
Knowledge Threading & Management ServiceBenefits Delivered
Next level productivity, engaged participationProductivity
10-25%
Warehousing Cost
20-30%
Waste
10-45%
Digital Assets & Security (DIS)
Cluster Areas
Asset Reliability ServicesBenefits Delivered
Early fault detection, prolonged service lifeCluster Areas
Digitization & Data Centricity ServicesBenefits Delivered
Step-by-step digitalization, data driven analysisCluster Areas
IT-OT Integration & OT Security ServicesBenefits Delivered
Expert vulnerability and risk analysisProductivity
10-25%
Changeover
30-55%
Waste
10-45%
Intelligent Sustenance (INS)
Cluster Areas
Genealogy & Tracking ServicesBenefits Delivered
Improved quality, compliance monitoringCluster Areas
Migration & Support ServicesBenefits Delivered
Application enhancement, time & cost optimizationCluster Areas
Sustainability ServicesBenefits Delivered
Sustainable manufacturing, optimized energy costEnergy Efficiency
10-30%
Smart Manufacturing & Operations (SMO)
Cluster Areas
Automation ServicesBenefits Delivered
Optimum people & equipment usage, improved OEECluster Areas
Operations Improvement ServicesBenefits Delivered
Fast trouble shooting, inventory optimizationCluster Areas
Visibility & Dashboarding ServicesBenefits Delivered
End-to-end visibility & decision insightsProductivity
10-25%
Energy Efficiency
10-30%
Warehousing Cost
20-30%
Inventory
12-25%
Changeover
30-55%
Waste
10-45%
ASSESS YOUR DIGITAL MATURITY
DETERMINE YOUR DIGITAL POTENTIAL
WHAT STAGE ARE YOU IN YOUR JOURNEY?
Scale your digital maturity journey
ASSET RELIABILITY CENTER
Designed to improve plant health, ARC is a one-stop solution to overcome unplanned downtime and undetected quality issues. It can help you simplify engineering, monitoring, discovery, and prediction across various manufacturing operations. With real-time condition monitoring and reliability predictions, ARC ultimately minimizes unscheduled outages, increases utilization, and augments productivity without fail.
Benefit:
- >25% reduction in reactive maintenance
- 2% - 5% improvement in overall yield
ENERGY AND SUSTAINABILITY MANAGER
Energy and Sustainability Manager’s comprehensive plant asset modeling puts compliance at the center stage. The solution helps you in forecasting energy need, track consumption & KPIs, and compare performances to deliver on your goals. Through an integrated, compliance-driven approach, Energy and Sustainability Manager will help you accomplish energy cost savings of up to 10-15%.
Benefit:
- Boosted operational efficiency
- Ensured real-time monitoring of production
HOW CAN LTTS HELP?
- Prebuilt digital assessment framework to evaluate plants on their digital/Industry 4.0 maturity
- Defined deliverables & industry benchmark on 11 dimension of digital maturity
- Identification of opportunity area as DMIs (Digital Manufacturing Interventions)
- Roadmap & support in leading to optimized and autonomous factory of the future
- Program management support in vendor selection & technology implementations
WHAT MAKES US DIFFERENT
Strategic partnership to foster innovation and accelerate time to market
Expertise in traditional and digital engineering across multiple indus- tries with repository of use cases
‘Design Thinking’ led engagement approach
In-house artifacts, solution accelerators & frameworks
