Furniture firm saves £360,000 in cost-cut bid
A Co Tyrone company has saved over £360,000 through a programme of efficiency measures to reduce costs and increase productivity.
BA Components in Cookstown manufactures a range of kitchen and bedroom furniture and accessories from its production facility for the UK and Republic of Ireland furniture components industry.
The company said assistance from Invest NI had helped the company evaluate key processes and implement important operational changes.
It said the majority of savings to date were achieved through improving plant layout along with manufacturing, delivery and stock control systems which have reduced costs and increased profitability.
In addition, as part of measures focused on continuous improvement, BA Components has introduced a satisfaction survey into its sales process, which analyses customer expectations on products and service against how the business actually performs.
Niall Casey, Invest NI's director of business improvement services said the changes carried out have helped reduce unnecessary costs and improve customer service.
"By continuing to refine its processes, this company can strengthen all areas of the business and focus on gaining new business in export markets," he said.
Anne McLaughlin, business improvement manager of BA Components, added that the company has made significant advances towards becoming a more profitable business.