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23 JANUARY 2019 AL CIRCLE

EGA achieves record AED70 million in savings

EDITED BY : HEENA IQBAL 1MINS READ

Emirates Global Aluminium has achieved cost savings of AED 70 million from employee suggestions and continuous improvement projects in 2018. EGA said through its press release that approximately AED 50 million worth of savings were generated through a record 38,037 proposals submitted as a part of EGA’s Suggestion Scheme.  In addition, 201 improvement projects, resulting in the remaining savings were registered through “Tamayaz”; a cross-functional, team based program.

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Abdulla Kalban, Managing Director and Chief Executive Officer of EGA, said: “At EGA we believe that everyone has a role to play in continuous improvement. Employees who are closest to a certain work process are often best placed to spot opportunities to improve it. Our programmes are built to enable all our people to share and action their ideas. When a company of our size has every employee striving to be an innovator, these numbers on cost savings are not surprising.”

EGA shares a proportion of the cost savings from employee suggestions and Tamayaz projects with the teams implementing the suggestion or project.  In 2018, six Tamayaz projects were awarded in the 10th Global Continual Improvement & Innovation Awards in different categories.


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EDITED BY : HEENA IQBAL 1MINS READ

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