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TARGUS is Hidden Champion 2020: Nobody achieves better results in the field of “Business Performance“

by Florian Geiger Florian Geiger No Comments

Usually we are happy if people in the top management of large companies already know us. In this particular case, however, the joy of being treated as an insider tip for highly qualified consulting services on executive floors is even greater: We were recognized as Hidden Champion in the area of “business performance”.

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Why does factory planning affect your manufacturing costs?

by Florian Geiger Florian Geiger No Comments

Broad perspective for a successful Factory Planning Assessment

The classic control variables and performance indicators of complex projects are scope (quality), time and costs. When planning a  factory these aspects would only give a limited result in matters of a holistic optimization. Decisions made in the planning process of a factory have a very strong influence on the manufacturing costs. Nevertheless, it is not unusual that their effects are completely disregarded in the planning process. TARGUS broadens the search for risks and potentials in a factory planning project by adding the aspect of targeted manufacturing costs to the classic criteria –  with excellent results.

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Are you ready for Industry 4.0?

by Florian Geiger Florian Geiger No Comments

The TARGUS-Roadmap guides you towards the digital change

Digitization, Industry 4.0, intelligent factories – there is no place to hide from these buzzwords. But what does Industry 4.0 mean for your company? Where do you have to pave the way to remain competitive in the future? The TARGUS maturity level model allows you to analyze the status of your company and to define the digitization requirements at the interfaces to customers, products and suppliers. Read more

Roadmap for Success

by Florian Geiger Florian Geiger No Comments

Create your Roadmap for Success – immediate sustainable increase of EBIT

The Roadmap for Success has the goal of immediate but sustainable increase of EBIT. In the arena of competitive pressure, increasing customer demands, rising costs and operating problems the Roadmap for Success is particularly useful in two areas:

  • Closing of an existing target shortfall
  • Prevention of the risk of a foreseeable future target shortfall

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Optimization of setup time with the SMED approach

by Florian Geiger Florian Geiger No Comments

More efficiency with flexible production lines

The reduction of inventory, capital commitment as well as the optimization of delivery times are common targets of many companies. What are the key drivers to reach these targets? In many cases it is the flexibility of production lines which is directly linked to setup time. The renowned SMED analysis in used in many types of industries and companies. Read more

Don’t bury your data – use it!

by Florian Geiger Florian Geiger No Comments

Improve your quality by analyzing the operating data with statistical tools.

You are literally flooded with all the data collected during the manufacturing process. But how do you determine what data is useful and valuable for improving your production performance and conducting root cause analysis? Using Statistical Operational Data Analysis “SODA” we combine the data into a data cube and analyze it with sophisticated statistical tools. This reveals formerly unknown interfaces and can be used for in-depth root cause analysis. This allows problems or quality defects to be identified and remediated. SODA was developed by our consultants as an innovative addition to the existing approaches in our Targus Toolbox. Read more

Procurement Scan

by Florian Geiger Florian Geiger No Comments

Is your procurement department World Class?

Our procurement scan quickly reveals the answer. Our systematic approach gives you an indication of the performance of your procurement department. This provides a systematic assessment and overview of the performance of your department. In addition, we indicate proposed improvements. A matrix with medium and short term approaches is derived from the analysis.

Up to now, most companies have underestimated the importance of procurement. The procurement department accounts for about 60% of a company’s expenditures. Hidden profit potential not only result in cost reduction or efficiency increase but also have an on-going effect on the performance of the entire company.

In a short project we investigate the impact of procurement on company performance. The examination has on two main approaches:

  • Internal opinion assessment
  • External benchmarking

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