Sentences with phrase «reduce labor costs by»

Spearheaded cost - reduction initiatives that reduced labor costs by 18 %, overtime by 34 % and material waste by 42 %.
E.g.: trained one assistant manager; or: reduced labor costs by 15 %; or: carried out a demographic study to establish the store's target market.
Led continuous improvement projects to optimize material and labor costs, lowering material costs by ~ $ 120K annually and reducing labor costs by ~ $ 25K per year.
Key Achievements: • Implemented an automated payroll system which reduced labor cost by 40 % • Trained 12 new inductees regarding company's policy on accounts handling
Led Six Sigma and lean manufacturing initiatives that reduced labor costs by 20 % while catapulting profit, productivity and quality metrics by 55 %, 75 % and 35 %, respectively.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Franchisees will also keep a sharper eye on the expense side of the equation — on labor costs, theft (by both employees and customers) and any other line item expenses that can be reduced.
Initial labor costs were reduced by volunteer help.
Also, we believe U.S. production could be further constrained by reduced labor supply and rising input costs.
Moreover, if, as is usually the case, mechanization is part of the whole development scheme, these large landowners will be able to reduce labor costs considerably by converting to machines, usually purchased cheaply because of government subsidies.
In keeping with their philosophy of supporting their customers, the company removed the motherboard in its CAB USA machines, replacing it with switches to making it easily repairable by the owner, thereby reducing the cost of labor and parts.
Preventing food loss at the source reduces costs by saving ingredients, packaging, labor and waste removal.
By reviewing your packaging process and production line, you can find several ways reduce your total cost of packaging and impact your labor numbers while improving efficiency.
The sorter has replaced over 70 manual pickers from the peach processing line, which means labor costs have been reduced by 80 percent, while yield has increased by 30 percent.
By automating the process and reducing labor costs, they have lowered the cost of operating a restaurant, making it financially practical to purchase higher quality ingredients for meals.
By reducing labor costs with volunteers, more money will actually be spent on the food served to the children.
The Team, chaired by Senior Advisor to the Governor Larry Schwartz, includes representatives from private industry, education, labor, and government and look for ways to reduce the costs of mandated programs, identify mandates that are ineffective and outdated, and determine how school districts and local governments can have greater ability to control expenses.
The Team, chaired by Senior Advisor to the Governor Larry Schwartz, will include representatives from private industry, education, labor, and government and look for ways to reduce the costs of mandated programs, identify mandates that are ineffective and outdated, and determine how school districts and local governments can have greater ability to control expenses.
The bottom line is that the MTA is under severe constraints: It's being crushed by debt and labor costs, but it can't do much to reduce either one.
Crain's reported that Zell's construction manager on the site, recently penalized Lend Lease Construction, struck an agreement with the Building and Construction Trades Council that will reduce standard union labor costs by 20 percent.
Other recent work suggests that ART, although costly, will pay for itself and more by increasing labor productivity, reducing the need for orphan care and deferring medical treatment costs (S. Resch et al..
In addition to savings in labor costs, its use significantly reduces hazards to workers who otherwise must perform external measurements by hand, garbed in protective gear and using lifts or scaffolding to reach elevated pipes.
ULTRA seeks to reduce facility - related costs by combining a small physical footprint with reduced operational costs enabled by an integrated automation of the manufacturing process, to minimize labor costs and failure rates.
Four decades ago, noted economist William Baumol argued that the idea of reducing costs in education and similar labor - intensive industries by substituting capital for labor or less - skilled labor for higher - paid professionals was impractical, at best.
Every bit of labor that we could do by ourselves helped reduce the cost.
It was the first all - plastic integrated door - hardware module, and it reduced components and fasteners up to 75 % by molding features into a single gas - assist injection - molded composite frame that plugs into the inner door on the vehicle - assembly line, improving ergonomics and quality, saving labor time and cost and reducing warranty claims.
GM said it will also lower its breakeven volume point to 10 million vehicles by reducing its plants from 47 in 2008 to 34 by the end of 2010, cut an additional 7000 to 8000 North American employees in addition to the cuts dictated in the February viability plan, and reduce labor costs from $ 7.6 billion in 2008 to $ 5 billion in 2010.
> Reduced calf weaning weights by up to 35 pounds2 > Lost feed efficiency while nursing, as well as in the next production stage > Incurred labor costs to treat and re-treat calves
Public and private agencies spend approximately $ 2.5 billion on animal care every year, and reducing their burden by rapid adoption diminishes labor, feeding, and physical infrastructure costs.
By obtaining a finished product from the machine, labor costs for mat assembly are reduced.
We found that profitability is driven by both spatial variability and operational decisions, and by locating Aquapods close to shore and reducing feed and labor costs, managers can help ensure the economic viability of Aquapod operations.
The company claims that its system can reduce the time needed for solar rooftop installation by more than half, greatly reducing costs (labor costs alone are about 30 % of the total cost of a solar rooftop system — how much you save depends on local labor costs).
By finding the solutions that match a firm's needs, competencies, and strategy and offer capabilities that optimally balance access and labor needs, firms will be able to control and reduce the costs of research.
The brute - force, labor intensive legal delivery model is being replaced by a digitized one where repetitive tasks are automated; products are replacing many services; delivery cycles are compressed; costs are reduced and / or proportionate to supply and demand; and lawyers are deployed to perform tasks that require differentiated judgment, skills, or knowledge and / or working from more efficient, lower - cost tech - enabled delivery models.
Breaking your payments into monthly increments costs the insurance company money in paperwork and labor hours, and that additional expense is passed onto you through small monthly fees; by paying your premiums all at once, you eliminate these fees and reduce your yearly costs.
Significantly reduced production and labor costs by acquiring automated processing equipment.
Adept at cost control; reduced labor and cost of goods by 15 % through strategic staffing and budget development.
Reduced overall department labor cost by 11 % by cross training staff and adjusting work schedules
Properly managed, it is noted that extended workers can provide a significant competitive advantage by reducing labor costs, allowing companies to be more responsive to dynamic market conditions, and filling critical workforce gaps.
Reduced labor cost from 24 % to budgeted 11 % of net revenue in one month by creating new scheduling procedures.
Reduced vendor count by 5 and saved $ 247k in annual maintenance spending and $ 480k in labor costs; Total savings $ 1.45 M. Developed a cost - effective risk - based security program across operating companies in multiple locations.
• Cultivated an extraordinary level of company loyalty, achieving a 10 + year tenure amongst 70 % of employees • Introduced a safety system that monitors equipment dynamically to prevent damage to utility lines • Decreased maintenance costs by 55 % by employing preventative maintenance activities on monthly basis • Reined in a colossal project that required complete replacement of landscaping in 7 parks across the city in the limited time of 3 months • Reduced equipment repairing and maintenance cost by 50 % by setting up an in - house maintenance unit • Filled 85 potholes within the city in record time of 2 weeks, following election preparations • Trained 52 newly hired maintenance workers in routine light and heavy labor work, pertinent to construction work and maintenance • Utilized extensive knowledge and skill of maintenance logistics to significantly improve work team's efficiency by 49 %
→ July 05 - beat profit plan by 1.5 % → Overall manufacturing achievements were attained by implementing rigorous Preventative Maintenance programs, stabilizing Unions and management relations, cost containment, 8 % labor reduction first year, Inventory Management, tooling, crib control, scrap reduction, reducing overtime and achieving 100 % customer delivery.
Helped reduce food and labor costs by 15 % while accelerating table turnover by 18 %.
Turnaround Strategy — Spearheaded turnaround supply chain strategy for PSP to decrease transportation and labor expenses while increasing on - time delivery and equipment utilization to reduce total supply chain costs by ~ 40 % for 300 stores for an organization with $ 750M in annual revenue.
In 2016, reduced food and labor costs by.3 % and.7 % respectively while improving food service quality, and guest satisfaction.
Labor costs were thus reduced by up to 40 percent.
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