Boosting Production Efficiency Through Strategic Investment

The past two years have been marked by extreme inflation and lengthy lead times in the electronics industry. While these challenges are starting to subside, at IEW, we are committed to ensuring that our services remain efficient, quality-driven, and cost-effective. Our goal is to meet and exceed our customers' expectations by lowering the overall cost of ownership, which encompasses price, delivery quality, and overall ease of doing business.

To achieve this, we have invested significantly in training our team in Six Sigma techniques such as Kaizen and Gemba. These methodologies focus on continuous improvement, reducing waste, and adding value. By adopting these practices, we have identified several key areas for investment, waste reduction, and enhancement of our working environment and productivity.

Investment in Advanced Machinery

A significant part of our strategy involves investing in state-of-the-art machinery to improve production efficiency. We have acquired six new machines from Schleuniger, a leader in production automation tools. These machines will enhance our efficiency, particularly for regular production items. Our new equipment includes:

• Schleuniger SC208 Strip & Crimp Machine: A versatile machine for precise stripping and crimping tasks.
• Schleuniger EC3300 Cutting Machine (3 units): Advanced cutting machines that ensure precision and efficiency in production.
• Schleuniger B340 Stripping Machine: This machine offers superior stripping capabilities, essential for high-quality production.
• GLW EC65 Crimping Machine: A reliable crimping machine that enhances our production capabilities.

Developing Our Digitisation Strategy

In addition to physical investments, we are advancing our digitisation strategy. This involves identifying key criteria for a new ERP system that will integrate seamlessly with our business processes. Our aim is to increase efficiency and minimise waste through AI dashboards, process flow mapping, and maintaining an inquisitive approach to continuous improvement.

At IEW, we believe that continuous investment in modern technologies is essential for building a resilient and efficient business. By embracing cutting-edge tools and methodologies, we are better equipped to navigate the uncertainties of today's world. Our commitment to continuous improvement and excellence ensures that we provide the best possible service to our customers.

Our strategic investments in both technology and training are paving the way for a more efficient and effective production process. We remain dedicated to delivering high-quality, cost-effective solutions that meet our customers' needs, now and in the future.