Cost Saving Projects

 
 

Improvement Pays

 
 

Have you ever measured the cost savings accrued by your improvement programs and projects? The IndustryWeek Best Plants winners and finalists have, and there's no question improvement pays -- in ways both big and small.


 

Total documented cost savings as a result of specific improvement programs and projects over the most recent calendar year, per employee:
Year Median Average Minimum Maximum
2009 $3,777 $7,310 $652 $32,590
2010 $8,555 $45,602 $458 $708,633
2011 $8,475 $8,581 $647 $22,581
2012 $5,082 $7,272 $314 $26,993
2013 $15,077 $19,770 $1,082 $71,232
2009-2013 $7,244 $18,827 $314 $708,633


Source: 2013 IW Best Plants Statistical Profile

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