Productivity Improvement at Channel Group1 from 7000 Bearings/day to 12000 Bearings/day for 2 bearing types
What does one do when competitors sell bearings below ones cost and market price is 30% below cost? SKF found this issue on two bearings that they sold. They analysed their cost structure in depth to identify the areas. Several steps were taken which included reducing labour cost, improving quality and optimizing parameters using DOE. All this resulted in nearly doubling the productivity on the machining lines and significantly reducing rejection. Their case study shares this journey.
