Lean makes green
The use of lean systems saved Freudenberg-NOK $8.2 million, or $2,300 per employee, during 1994, the rubber and plastic component manufacturer reports. CEO Joseph C. Day says the cost savings and improvements -- $3.2 million higher than 1993 -- were generated from about 650 continuous improvement projects during the year involving almost all the company's workforce. The cost savings are being "shared
February 1, 1995
The use of lean systems saved Freudenberg-NOK $8.2 million, or $2,300 per employee, during 1994, the rubber and plastic component manufacturer reports. CEO Joseph C. Day says the cost savings and improvements -- $3.2 million higher than 1993 -- were generated from about 650 continuous improvement projects during the year involving almost all the company's workforce. The cost savings are being "shared with our customers and invested in R&D to ensure the company's long-term growth, security and profitability," Mr. Day says.
Read more about:
1995You May Also Like
