-
-
-
-
-
-
News
-
-
Contact UsThe company focuses on the research, development, production, and sales of chemical raw materials and their formulations. All products have passed national GMP certification, and core products have successively passed official pharmaceutical regulatory certifications from multiple countries, including the EU EDQM, US FDA, Japanese PMDA, and South Korean MFDS. Following its successful listing on the Shenzhen Stock Exchange's ChiNext board on April 4, 2023, Keyuan Pharmaceutical has entered a phase of rapid development driven by both digital intelligence and capital, with its business spanning dozens of countries and regions worldwide.
Lean Improvement: Reducing Costs and Boosting Efficiency (Part 1) | Keyuan Pharmaceutical Achieves Milestone Results in Lean Production!
Publish Time:
2024-08-09
Lean production starts with strong management. Since March, Keyuan Pharmaceutical (stock code: 301281.SZ) has established a Lean Promotion Committee to foster a company-wide lean mindset. Under the guidance of the group’s lean experts, the company has successfully implemented the principles of digital and intelligent lean manufacturing, introducing cutting-edge tools such as digital-empowered lean value-stream analysis. As a result, the benchmark factory has achieved remarkable improvements, marking a solid step forward on the journey toward enhancing quality, reducing costs, and boosting efficiency across the enterprise.
Lean production starts with strong management. Since March, Keyuan Pharmaceutical (stock code: 301281.SZ) has established a Lean Promotion Committee to foster lean awareness across the entire organization. Under the guidance of the Group’s lean experts, the company has successfully implemented the principles of digital and intelligent lean manufacturing, introducing cutting-edge tools such as digital-optimized lean value-stream analysis. As a result, the benchmark factory has achieved remarkable improvements, marking a solid step forward in the company’s journey toward enhancing quality, reducing costs, and boosting efficiency.
In the context of today's rapidly evolving digital and intelligent manufacturing landscape, Lean Digital—representing the deep integration of lean management practices with digital technologies—empowers both approaches mutually, helping manufacturing enterprises optimize resource allocation, boost production efficiency, enhance business performance, and elevate customer experiences. As a result, it is increasingly gaining prominence in corporate development.
To achieve high-quality enterprise development, Keyuan Pharmaceutical has positioned lean digital operations management as one of its core corporate growth strategies. The company has undertaken in-depth exploration and practical implementation in building a lean production system, starting with the goal of enhancing production line efficiency across its four plants. Leveraging lean value-stream analysis and focusing on targeted improvement initiatives, Keyuan is steadily establishing standardized operational practices on-site—and has already achieved phased results at its benchmark factory.
Identify bottleneck processes
Optimize the production process
At the outset of building a lean benchmark production line, Keyuan Pharmaceutical first identified bottleneck processes through value stream mapping, optimized production line balancing, and leveraged value stream diagrams to help the company visualize material flow, information flow, and key performance indicators. This approach enabled the precise identification of bottlenecks that hindered production efficiency, allowing the company to implement targeted improvement measures and significantly reduce waste throughout the manufacturing process.
Pull-based Production Principle
Reduce inventory backlog
The company is vigorously implementing the pull production principle, thereby achieving more efficient production management. Pull production means manufacturing only when customer demand arises, which helps reduce inventory and waste while enhancing the ability to respond swiftly to market changes. By adopting this approach, Keyuan Pharmaceutical ensures that its production activities remain closely aligned with market needs, minimizing unnecessary stock buildup.
Total Productive Maintenance
Improve production stability and efficiency
In the process of implementing lean production, the company introduced Total Productive Maintenance (TPM), reducing equipment failures and enhancing production stability and efficiency through daily autonomous maintenance, professional upkeep, and preventive maintenance. Additionally, the company actively promotes project-based improvement initiatives, encouraging employees to submit suggestions for enhancement and fostering continuous, incremental improvements.
Focus on talent development
Stimulate intrinsic motivation
Lean talent development is the key to the success of lean production. In terms of talent cultivation, Keyuan Pharmaceutical fosters employees' lean production awareness, knowledge, and skills through systematic training and hands-on opportunities, ensuring that every employee can contribute effectively within the lean production system.
As of now, Keyuan Pharmaceutical has established a highly efficient and stable lean production system in its benchmark factory, cultivating a lean management team that is highly conscious, well-experienced, and professionally proficient, effectively achieving the goal of cost reduction and efficiency enhancement.
In the future, Keyuan Pharmaceutical will continue to fully implement the Lean Manufacturing philosophy, leveraging lean guidance and digital-intelligent empowerment to maximize the advantages of its lean, digital, and intelligent operational management. This approach will help us improve our environment, optimize processes, boost efficiency, and reduce costs—providing a robust driving force for achieving high-quality business growth.
Latest News
Address: No. 26, Keyuan Street, Shanghe County, Jinan City, Shandong Province
Free Service Hotline