Case Study

Restructuring at a Builder of Luxury Yachts

Restructuring and optimization of production

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Company Details

The company (sales 2020/2021: 14 Mio. EUR, result: -5,4 Mio. EUR) is part of a German concern (sales 2020/2021: 122 Mio. EUR)
Based in France; 200 staff, 4 product lines

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Situation and Challenge

Badly deficit-ridden, high staff fluctuation, low-level of professional training of staff
Inefficient, no production planning, not process-oriented, no work preparation
Lack of internal communication, very little integration with corporate parent

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Objective and Tasks

Increasing performance and production capacity
Reduction of workhours per unit
Integration into group/holding HYAG

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Measures and Approach

Introduction of group-wide system „TaktIK“, 15 minutes per day reserved for daily error detection sessions
Shop floor management, execution of error list „LOP“ (list of open points)
Setting up a blackboard showing KPIs for quality, hours, absences

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Results and Achievements

Daily exchange between R&D and Production
Internal materials transport done by internal Logistics
Tracking KPI „Hours Per Production Phase“
Increase of output by more than 30 %

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