Operational Excellence - TRACC

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Be one step ahead

Industrial products and process industries have just experienced one of the worst periods of decline and turmoil.

Many companies used it as an opportunity to carry out radical restructuring, implement cost reduction strategies, improve agility and flexibility, and renegotiate previous contractual commitments.

Others didn’t.

Now they are rapidly losing competitiveness as we come out of the recession.

Our research in the manufacturing sector shows that these businesses are better equipped to deal with the new pressures of the market, the dynamics of the economy and any threat from competitors.

Percent planning to increase operational spending
Industrial manufacturers 

2Q

'09

3Q

'09

4Q

'09

1Q

'10

2Q

'10

Percent planning to increase pending (net) 53% 68% 65% 70% 80%
New product or service introduction 30% 40% 37% 43% 52%
Business acquisition 18% 33% 23% 23% 38%
Research and development 18% 35% 37% 28% 32%
Geographic expansion 17% 22% 27% 22% 28%
Facilities expansion 8% 18% 22% 20% 23%
Information technology 12% 17% 22% 20% 22%
Marketing & sales promotion 10% 7% 12% 13% 13%
Internet commerce 2% 3% 3% 5% 7%
Advertising 7% 3% 8% 12% 5%

Source: PwC Manufacturing Barometer Q2 2010

The key feature of their turnaround was implementing operational improvements that would last, reduce costs and free up cash to spend on growth.

Be on TRACC for competitiveness

We help companies to implement TRACC, a highly effective approach to operational efficiency improvement.

TRACC is an integrated improvement management system, developed by our business partners Competitive Capabilities International (CCI), and which we deploy to help our clients continually reduce their operating costs by as much as 3 to 5%.

You talk, we listen

Tell us about your needs to change and make improvements. Using TRACC we will work with you to devise a comprehensive solution that integrates best practice tools to optimise and enhance your existing systems.

More than a purely technical solution, we help you to embed TRACC best practices into your people’s mindset and culture, to make the change – and the competitive edge – stick.

To get started, call Andrew Friars from our Operational Excellence team.

 

Advantages of TRACC vs traditional operational consulting approaches

Traditional operational consulting 

TRACC 

- Significant involvement of consulting team.

- Reduced number of consultant engagement days. Implementation based on proven and documented methodology.

- Results dependent on consultant experience. 

- Results are independent of the individual consultant – solutions are implemented step-by-step according to proven methodologies.

- Consultants solve problems and deliver results.

- Consultants teach personnel how to solve problems and support the development of Client staff capabilities. Employees are empowered to find solutions and deliver results.

- Implementation of one methodology – Lean, TPM, Six-Sigma, TQM, Lean Sigma, etc., or the creation of a new approach during the project. 

- One comprehensive platform integrating the most effective elements of all proven practices and methods.

- Results usually not sustainable. After the consultancy, the situation returns to its original state. In order to sustain the results and improve, further initiatives must be undertaken.

- Results are sustainable because they were developed by the staff based on implemented methodology. Continuous improvement becomes the new standard at the workplace. 

- Pressure on training and cooperation with top and mid-level management.

- Focus on cooperation with staff at all levels, especially those at the operational level.

- Focus on inputs. 

- Focus on systematic implementation of best practices and sustainable effects.

- Legitimacy of decision making not always accepted.

- Decision making is seen as legitimate, leading to buy-in and results.

 

About TRACC

TRACC is an integrative improvement management system that focuses on continuous improvement and supply chain optimisation. It was developed by the CCI Product Development Division, in close co-operation with clients. TRACC’s repository of best practice implementation actions and know-how has been built up from 1,000 companies in 55 countries.

TRACC works by first identifying a company’s world-class maturity status against a global competitive matrix. Each client then receives a comprehensive, tailored framework, outlining a clear path for them to move to the most optimal systems and processes possible.

TRACC integrates and incorporates the thinking and methodologies of tried and tested approaches such as Lean, Six Sigma, TPM and Supply Chain Optimisation.

Clients who have benefited from introducing TRACC to-date include Can-Pack, DuPont, Fonterra, Kellogg’s, Heinz, SABMiller and MillerCoors.

Examples of successful implementations:

Learn more: