Savings arising from audited projects
We have completed many projects that have attracted Government funding. These are generally short projects in the manufacturing sector that are aimed at delivering maximum savings within a short time scale. The savings arising from these projects have been:
- Calculated by us upon completion
- Agreed and signed-off by the client
- Checked and approved by a representative of the funding provider (normally MAS)
- In some cases, audited by a Government official
As such, they have to be an accurate and true account of the projected benefits. They are also savings that impact upon the P & L account - not an often-used Government metric, Gross Value Added, which relies upon an increase in sales turnover. A complete list of the projects and savings is included below:
Sector | Project | Savings PA | Pay-back |
Food Household goods Joinery Plastics Engineering Timber Work surfaces Timber Furniture Beds Food Work surfaces Furniture Carpets Metal forming Printing | Improvement of operations and processes Administration of production bonus scheme Manufacturing productivity improvement Improvement of administrative procedures Relocation feasibility and action plan Lean manufacturing and process improvement Layout, costing, KPI's, lean Product costing and operational improvement Manufacturing strategy and productivity Manufacturing operations, layout, lean Process improvement, operations, KPI's Factory layout and process improvement Production incentive scheme Operations, KPI's, lean, strategy Manufacturing performance improvement Review of operations | £50,000 £16,000 £50,000 £75,000 £28,000 £64,000 £37,000 £34,000 £32,000 £42,000 £58,000 £60,000 £325,000 £138,000 £25,000 £36,000 | 12:1 7:1 12:1 15:1 8:1 12:1 7:1 7:1 6:1 7:1 12:1 12:1 13:1 17:1 8:1 12:1 |
© Oxford Holt & Company Ltd. (2013) tel: 01274 879232 e-mail: jkh@oxfordholt.co.uk
Business productivity and process improvement consultants