DeltaEta is an Indian Cost Reduction Consultancy firm serving Companies to overcome their three major challenges:
Narrowing margins due to Increasing costs
Declining revenues as Constraints limit Throughput
Excess and Un-Optimized Inventory
We Reduce Costs, Increase Profits.
Trained Senior and Mid Management officials from Leading Companies all over India.
objective based customised service for desired results
When implementing a company-wide project like ISO, Six Sigma, Cost Reduction etc, Leadership with expertise in that area is hardly found internally. Also the appointed leader may not have the time due to his day to day activities. This leads to the project getting sidelined after the initial euphoria.
An outsider as Project Management Consultant brings leadership, expertise ,unbiased view and the time to close the project successfully.
Why appoint Project Management Consultants?
Costs of all Inputs (Raw Materials, Consumables, Power, Water, Spares, Manpower, Fuel, Transport) undergo regular increases (annually about 10%), while selling price of products keep declining (annually about 5%) due to stiff competition and customer preference. This leads to a precarious situation as follows:
Three Major challenges faced by Businesses today
Constraints prevent adding one more unit of output, thus limiting Revenue. In course of time with declining prices, dropping efficiency of Man & Machine, along with Complacency & Complexity, the Output decreases leading to the following scenario
Inventory is money lying in material form and the higher the Inventory, higher the working capital needs and interest costs. Also, some items are in excess while some are less in stock, there is chances of lost sales opportunities. Maintaining an optimized inventory with high ITR is good for business.
In 4 years, the Profit change from a healthy +25 to loss of -15
Objective of project – Reduce COGS Period – 6 months
200+ Alternatives identified and implemented to reduce consumption of raw material, consumables, time, electricity, packing material etc. ,saving annually crores of rupees .The savings are permanent and accruing year after year
With Variable costs also going up , How to overcome this challenge ?
Objective of Project - Increase monthly throughput . Period - 6 months
100+ Alternatives identified and implemented to increase productivity throughout the factory by reducing time consumed, eliminating unwanted process, increasing machine availability, reducing downtimes, reducing frequency, developing new tools, etc.
Objective of Project – Improve Inventory Turnover ratio ( ITR ) and Sell Through Rate ( STR )
Period -12 months
Over 9,00,000 (Nine Lakhs) units of electricity saved per annum through our projects. The changeswere permanent, thus avoiding cost escalation in future
Clean and safe Workplace
Apart from aesthetics and morale boosting aspects, a clean and safe working place saves Cost, Time & Headache to the Organization. The Indian Tradition of celebrating Ayudha Pooja or Vijayadasmi are one day events in a year but for a factory Cleanliness is a must on all days. The Japanese, with their systematic and regular approach have introduced a methodology names 5S to maintain a clean and safe working place throughout the year.
DeltaEta helps companies implement 5S within 3 to 4 months
Period – 3 to 4 months
Minor challenges faced by Businesses today
Optimizing Route and Space
Productive space inside a factory is hard to get and losing it in non- productive areas like STORAGE and PASSAGES is not viable for a company. Also, the longer the routes travelled, the higher the time consumed, effort expended and the cost incurred. However, Space and Route are seldom changed for fear of resistance from users and old path is followed
DeltaEta helps companies to optimize space and route using XYZ analysis .
Period: 4 to 6 months.