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Sumitomo Seika Chemicals Company,Limited. (4008) · InitiativeRationalization initiatives expanded to digital and company-wide measures

Manufacturing Process Improvement, Production Operations Restructuring and Supply Chain Rationalization

First written in FY2020. 1 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2023.

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ProgressHeldSoftenedWorseFirst statedFY2020AdvancedFY2021RestatedFY2022 – FY20232020: 120202021: 120212022: 120222023: 12023
Same theme, other companies
Evolving the Production and Supply System through Innovative ManufacturingA theme 5 companies write about · 0 as a headwind · 5 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2023Rationalization initiatives expanded to digital and company-wide measuresAnnual report

    「In addition, as company-wide productivity improvement initiatives, we will promote improvements to business processes through the renewal of core business systems, the rollout of internal best practices to other departments, and the automation and acceleration of operations through the use of digital technologies at factories and research laboratories.」

    In addition to the previous manufacturing process improvements, production structure restructuring, and supply chain rationalization, the renewal of core business systems, the rollout of best practices, and the use of digital technologies were identified as company-wide productivity improvement measures.
  2. FY2022RestatedAnnual report

    「At the same time, we will pursue fundamental rationalization through manufacturing process improvements, production structure restructuring, and supply chain optimization, thereby strengthening competitiveness and improving productivity.」

    The rationalization policy continued through manufacturing process improvements, production structure restructuring, and supply chain optimization.
  3. FY2021AdvancedAnnual report

    「With regard to the manufacturing process improvements, production structure restructuring, and supply chain rationalization initiatives undertaken since autumn 2018, approximately 80% had been made concrete from a technical perspective, and approximately ¥1.2 billion of rationalization benefits were included in operating income for fiscal 2021.」

    The degree of technical implementation of the rationalization initiatives remained at approximately 80%, but the benefits included in operating income increased from approximately ¥500 million in the previous fiscal year to approximately ¥1.2 billion.
  4. FY2020First statedAnnual report

    「With regard to the manufacturing process improvements, production structure restructuring, and supply chain rationalization initiatives undertaken since autumn 2018, approximately 80% had been made concrete from a technical perspective, and approximately ¥500 million of rationalization benefits were included in operating income for fiscal 2020.」

    Regarding rationalization initiatives centered on the superabsorbent resin business, approximately 80% had been made concrete from a technical perspective, and the current fiscal year's operating income included approximately ¥500 million in benefits.
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Manufacturing Process Improvement, Production Operations Restructuring and Supply Chain Rationalization | Sumitomo Seika Chemicals Company,Limited. (4008) | Komori