Mon 21-01-2019 16:53 PM
ABU DHABI, 21st January, 2019 (WAM) — Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that it achieved cost savings of AED70 million in 2018 through employee suggestions and continuous improvement projects, the highest ever in a year since the programme began in 1981.
Commenting on the results, Abdulla Kalban, Managing Director and CEO of EGA, said, “At EGA we believe that everyone has a role to play in continuous improvement. Employees who are closest to a certain work process are often best placed to spot opportunities to improve it. Our programmes are built to enable all our people to share and action their ideas. When a company of our size has every employee striving to be an innovator, these numbers on cost savings are not surprising.”
Nearly AED50 million worth of savings were generated through a record 38,037 proposals submitted as a part of EGA’s Suggestion Scheme, under which individual employees recommend improvements in their area of operation. In addition, 201 improvement projects, resulting in the remaining savings were registered through “Tamayaz”; a cross-functional, team based programme, initiated in 2016 for supervisory and non-supervisory employees as a mean of problem solving and process improvement across EGA.
EGA shares a proportion of the cost savings from employee suggestions and Tamayaz projects with the teams implementing the suggestion or project. Since 1999, EGA has received nearly 500,000 suggestions for operational and technical improvements, out of which 254,551 have been implemented to generate savings of AED 345 million. Their achievements are also recognised within the company every month and at annual events. In 2018, six Tamayaz projects were awarded in the 10th Global Continual Improvement & Innovation Awards in different categories In addition to programmes to engage its entire workforce in continuous improvement, EGA has a dedicated technology development team which focuses on innovation to improve its core process technology.
WAM/Rola Alghoul/Hatem Mohamed