The industrial coatings and paint industry is one of the most innovative and dynamic manufacturing industries. Industrial coatings have evolved hugely over the past few decades, resulting in exciting applications across the varied sector- from the aviation and automotive industries, to industrial applications and residential housing.
Paints manufacturing companies around the globe are growing rapidly since a decade. Companies, during this period reached their highest level of performance in all aspects, like products, sales, revenues, and profit. However, with the customers becoming highly selective in their choices, the companies are pushed to continually increase the product variety, and product ranges and thereby continually innovate to maintain the market share and bottom lines.
Global paint manufacturers are constantly looking to collaborate with or acquire smaller domestic manufacturers in order to establish an entry point in the country and region.
Inefficient paint manufacturers having stagnant growth and internal challenges face stiff competition from new entities.
A few immediate challenges these industries face are high product variety, inventory stocks, maintaining dealership networks, machinery performance, work standards, quality specifications, etc.
ADDVALUE LEAN MANUFACTURING consultants assist paint industries in achieving Operational Excellence, developing Business Excellence Models, build Strategic Road maps and Business Plans, by a thorough understanding and analysis of the processes, the demands, the product variety and much more.