Productivity improvements from BSM’s approach have ranged from 20% to 80%. This can be converted into unit cost reduction and/or used to reduce lead-times (by up to 95% in some previous projects). Annual returns are typically 3 to 5 times the cost of the projects. BSM are happy to enter into pay by results arrangements for projects.
Benefits of our approach include:
- Defined, structured and controlled laboratory processes delivering more consistent and predicable laboratory performance
- Detailed understanding of lab capacity and resourcing requirements
- Reduced lead-times
- Improved RFT (Right First Time)
- Significantly Increased productivity
- Reduced Costs
- Reduced levels of WIP
- Greater empowerment of laboratory personnel
- A culture of pro-active performance management and continuous improvement
- Improved customer service levels.