TBM Names Seaman Corporation and Pactiv Corporation as Co-Winners of 2012 Corporate 'Perfect Engine' Award - KWQC-TV6 News and Weather For The Quad Cities -
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SOURCE: TBM Consulting Group
TBM Consulting Group, the global operational improvement leader for the manufacturing and service sectors, presented Seaman Corporation and Pactiv Corporation with the 2012 “Perfect Engine” award recognizing the companies for their commitment to a continuous improvement philosophy and their success as “lean” enterprises. The award was presented at the TBM Executive Exchange in Palm Beach Gardens, FL on June 13, 2012.
Durham, NC (PRWEB) June 27, 2012
TBM Consulting Group, the global operational improvement leader for the manufacturing and service sectors, presented Seaman Corporation and Pactiv Corporation with the 2012 “Perfect Engine” award recognizing the companies for their commitment to a continuous improvement philosophy and their success as “lean” enterprises. The award was presented at the TBM Executive Exchange in Palm Beach Gardens, FL on June 13, 2012.
Accepting the award on behalf of their companies was Raj Venkataraman, Vice President of Manufacturing, Seaman Corporation and Kevin Quinn, Vice President of Manufacturing and Engineering, Pactiv Corporation.
“The Perfect Engine” refers to the precision interworking of human resources, intellectual property and physical assets to achieve outstanding improvement results that create business agility, growth and profitability. It is also the title of a book authored by TBM’s CEO Anand Sharma, who has consulted with hundreds of companies worldwide to implement and leverage a lean business system as an effective strategy for achieving and sustaining profitable growth.
This annual award honors manufacturers that have been successful in implementing LeanSigma® methodologies, the fusion of the two most powerful business process improvement systems of Lean and Six Sigma, throughout the entire organization and throughout its value chain. Some of the past corporate award winners include Pella Corporation, Hubbell, Hayward Pool Products, Vermeer Corporation and Carlisle Companies.
Seaman Corporation, which is privately held, is using the LeanSigma® approach as part of a strategic roadmap for value creation and growth. Since 2005, 100 percent of management and 85 percent of associates have participated in at least one kaizen event. The company has leveraged its continuous improvement gains throughout the recession to fund robust investments in R&D, enter new markets with new products, and accommodate expansion mostly within its existing footprint.
Seaman’s results since 2005 include:
“Seaman has embodied all the criteria of a Perfect Engine award winner,” said Anand Sharma, Founder and CEO of TBM Consulting Group. “The senior leadership team at Seaman believes that operational excellence provides a foundation for success. As a result of their executive engagement and commitment, Seaman associates have embraced change, unleashed creativity, and relentlessly supported the spirit of continuous improvement.”
Richard Seaman CEO / Chairman of Seaman Corporation said, “We are very pleased to receive this award. Our entire organization has embraced the LeanSigma philosophy. As a result we have made significant improvements in our cost structure by driving out waste in all of our processes. Just as importantly, institutionalizing the LeanSigma methodology throughout our organization has increased our capability and flexibility enabling Seaman Corporation to respond more rapidly to our customers’ needs worldwide.”
Pactiv Corporation has been growing rapidly through acquisition and has aggressively embraced operational excellence to effectively deploy their strategy and deliver performance improvements aimed at achieving their annual operating plans. Pactiv is applying operational excellence across the enterprise to improve profitability, asset utilization, supplier performance, and to successfully integrate new products into its manufacturing processes. “We are especially proud of Pactiv for their committed use of the Policy Deployment process. They are setting a premier example of how to effectively execute and deploy strategic objectives throughout the organization. There is clear alignment between their continuous improvement initiatives and their breakthrough objectives and the organization continuously achieves best-in-class performance because of this effort,” said Mr. Sharma.
Pactiv’s results include:
About Seaman Corporation
Seaman Corporation is a leading producer of high-performance coated industrial fabrics used in high performance roof systems, geo-membrane liners, truck tarps, architectural structures, recreational products and other applications.
About Pactiv Corporation
Pactiv Corporation is the world’s largest manufacturer of Foodservice Disposables and Food Packaging. Their lines include products used by the supermarket, packer/processor, institutional, foodservice and restaurant industries.
About TBM Consulting Group
TBM is a global operations management consulting firm that maximizes enterprise value and accelerates growth by working with clients to leverage operational excellence. We work side-by-side with our clients to dramatically improve EBITDA, accelerate organic growth, integrate newly acquired businesses, and generate immediate and long-term balance sheet improvements. Our subject-matter professionals average 15-25 years of operational, management and executive experience, and none of them are career consultants. We leave behind a customized framework and structure for lasting change using our proprietary LeanSigma® approach, which has been continuously improved since its introduction over 21 years ago. For more information visit http://www.tbmcg.com
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