Seamless Mergers
Fortune 500 manufacturer
SLK helped a Fortune 500 manufacturer seamlessly transition the systems of a newly acquired company.
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Smart Factory and shop floor automation delivers excellence across the value chain, doubling the net income.
The client, a Fortune 500 company that manufactures engineering products for industrial, commercial, and consumer markets, wanted to improve efficiency across its manufacturing value chain. SLK co-innovated with the customer and leveraged leading edge-to-cloud technologies to drive digital transformation. This led to a 2x increase in revenues and net income, a 10% reduction in cost, and a 14-18% improvement in productivity.
The client wanted to improve its manufacturing operations to reduce unplanned downtimes and failure of critical assets. They also wanted to operate on a lean inventory model to save costs, lower maintenance & labor costs, and reduce energy consumption and waste. To achieve these goals, the client needed better visibility across their manufacturing operations that would lead to the right decisions at the right time. They wanted a partner who could deploy the right technology solutions and drive digital transformation across their value chain.
The SLK team helped the client transform manufacturing operations using an innovative, automation-led approach. We implemented digital manufacturing operations management, production-edge-to-cloud solutions for data collection and decisioning, digital twins, and real-time visual and intelligent predictive and prescriptive analytics leveraging data science. Some key components of our solution included:
Cost savings
Revenue and net income
Higher productivity, efficiency, and quality
Transformation of customer’s value chain led to a steep improvement in output, quality, and operational cost optimization. A better connected and transparent system also created more communication and collaboration channel in the customer organization leading to world-class performance. Predictive insights helped improve Machine Uptime, Run Rates, and Decreased WIP. Reduced energy and water wastes helped the manufacturer become a green company. Better outcomes also increased employee morale
SLK helped a Fortune 500 manufacturer seamlessly transition the systems of a newly acquired company.
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