How to excel: Compare, compile, conduct

Related Vendors

HASCO Hasenclever GmbH + Co KG

CUMSA

AMPCO METAL Deutschland GbmH

WBA Aachener Werkzeugbau Akademie GmbH

Conduct

The implementation of measures and best-practice solutions closes the loop for enhancing the tool shops’ excellence level. Closing the loop in this context means enabling the company to convert the benchmarking results “from the paper to the shopfloor”. In order to synchronise measures and apply them in the right order, an implementation roadmap should be set up. Each measure should be assessed regarding required financial and organisational resources, dependencies, risks and expected benefits. Further, a responsible person for the implementation of the measures should be defined. By doing so, the status of the project can be continuously tracked and reviewed regarding its implementation progress as well as its operative improvements.

One of the most important fundamentals to achieve long-term advancements is to implement a permanent comparison process within the company. For example, the benchmarking could be reapplied every 12-24 months in order to track improvements and learn about developments of one’s competitors. Only in this way is it possible to achieve long-term competitive advantages and thus a flourishing business.

Planning Basics

Additive Manufacturing: Cost Factors and Cost Optimization

Conclusion

Due to today’s broad set of challenges for the tooling industry, it is imperative to acquire reliable information about one’s company performance and its relative position in the market. The 3C approach developed by the WBA Tooling Academy Aachen is a reliable and adequate choice: A company is holistically analysed based on a broad set of KPIs evaluating the company's performance in strategic, operative and technological fields. Thanks to its extensive and representative database, the WBA is able to identify the most relevant strengths and weaknesses and thus enable companies to achieve a significant advancement in operational excellence.

The 3C approach is a sound starting point for the future development of the company brand, its market position and international visibility. It should be regularly reapplied to achieve long-term and sustainable business success.

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