« Regardless of who you are, when it comes to increasing the value of your company, you have three options: increase revenues, cut costs and comply with laws and regulations. At RIO TINTO, we use continuous improvement as our main tool for targeting opportunities and reducing costs. One approach we use to reach our objectives is the 5S process.
There are countless benefits to the 5S approach. Reducing the number of lost tools as well as cutting down on time wasted looking for them are two examples that make a huge difference. And being clean and organized reduces health and safety risks to workers; it helps to prevent accidents. Often, much bigger benefits are reaped through increasing your competitiveness and profitability.
In concrete terms, adopting the 5S SOLUTION has a positive impact by reducing our non-added value costs, which gives us a competitive edge. The 5S SOLUTION also allows us to increase product quality while reducing our rejection rate, which is another substantial saving.
At RIO TINTO, our commitment to this approach is a priority, and we intend to keep it that way. In a nutshell, it’s all about adopting habits that reduce risk and loss of time and tools, while increasing efficiency. These aspects inevitably have an impact on the company’s profitability. »
Robert Lavoie, Project Manager
Regional Economic Development
RIO TINTO, ALUMINUM