Experience the power of results with Greendot Management Solutions!

Home / Case Study / Lean’s Impact on the Bottom Line: How Eris Lifesciences Achieved ₹2.4 Crore Annual Savings Through Lean Transformation

Lean’s Impact on the Bottom Line: How Eris Lifesciences Achieved ₹2.4 Crore Annual Savings Through Lean Transformation

Reduced Changeover Time by 50%, Boosted Productivity by 20%, and Saved ₹2.4 Crore Annually through Lean Transformation

Client Overview

  • Company: Eris Lifesciences Ltd
  • Industry: Pharmaceuticals
  • Location: India
  • Employees: 1,000+
  • Products/Services: Branded formulations in Cardio-Metabolic, Dermatology, Neuropsychiatry, Women’s Health, and Nephrology
  • Ranking: #21 in the Indian Pharmaceutical Market (IPM)
  • Certifications: GMP, ISO 9001

Challenges (Before Greendot)

Eris Lifesciences faced critical operational challenges affecting capacity, cost, and efficiency:

  • 5S Gaps: Low 5S awareness, no visual controls, unorganized workplace, and poor safety compliance (initial 5S score: 14/25).
  • Kaizen Absence: No continuous improvement culture, low employee engagement, and limited problem-solving skills (baseline Kaizen score: 2/25).
  • Changeover Losses: Excessive changeover times — 200 to 300 minutes — consuming 26–32% of available time in major departments.
  • Maintenance Inefficiency: 551 downtime hours/month and ₹70,913 average monthly maintenance costs due to a lack of structured TPM.

Unmonitored Lead Time: No Value Stream Mapping (VSM) system to track production flow and identify bottlenecks.

Our Approach

Greendot’s transformation roadmap for Eris Lifesciences included:

  • Diagnostic Study: Baseline audits on 5S, SMED, Kaizen, and Maintenance data.
  • Strategy Design: 12-month phased plan integrating Lean and TPM tools.
  • Implementation: Multi-level training, on-ground handholding, and continuous improvement drives.

Review Mechanism: Weekly dashboards, monthly cross-functional reviews, and leadership scorecards.

Solutions Implemented

AreaSolution
5SDepartment-wise 5S training, PEEP (Place for Everything) system, Red & Yellow tagging, daily Shine audits
Kaizen38 Kaizens implemented (11 major), focusing on waste reduction, yield improvement, and paper/energy savings
SMEDReduced changeover time by 50% using Single Minute Exchange of Die (SMED) workshops
VSMConducted Current & Future State mapping to cut waiting time and optimize flow
MaintenanceTPM rollout, abnormality matrix, and machine-wise breakdown dashboards

Results Achieved

  • Productivity Boost:
    → 20% increase in production efficiency and output capacity.
  • Changeover Reduction:
    → 50% reduction in changeover times (e.g., Granulation: 5 hrs → 3 hrs; Compression: 300 min → 190 min).
  • Cost Savings:
    → Total ₹2.4 crore annual savings across Kaizen and energy initiatives.
    → Major examples include:
    • ₹31.7 lakh/year from yield improvement in Tendia M.
    • ₹19.2 lakh/year from polybag reduction.
    • ₹9.4 lakh/year from optimized solvent usage.
    • ₹1.4 lakh/year from energy savings in cooling towers.
    • ₹39,000/year from QMS document optimization.
  • 5S Excellence:
    → QA Department achieved 24/25 score, transforming shopfloor into a model facility for regulatory visits.
  • Maintenance Optimization:
    → Machine downtime reduced from 551 hrs/month to <400 hrs, cutting maintenance cost by 25%.
  • Employee Engagement:
    → Over 300 employees trained in Lean tools; Kaizen participation increased by 400%.

ROI: Achieved an estimated return of ₹6.5 for every ₹1 invested, positioning Eris as a Lean benchmark in Indian pharma.

Why It Worked (Greendot Edge)

  • Practical Execution: Focused on achievable, measurable Lean projects.
  • Expert Handholding: Cross-functional mentoring across production, QA, and maintenance.
  • Data-Driven Decisions: KPI-based tracking for every department.
  • Sustainable Culture: Ownership through Kaizen boards, OPLs, and TPM engagement

Tools Used

  • 5S
  • Kaizen
  • SMED
  • Value Stream Mapping (VSM)
  • TPM (Total Productive Maintenance)
  • One Point Lesson (OPL)
  • KPI Dashboard

Popular Services

Management Consulting

Lean Manufacturing

ISO Certification

Recent Blogs

Book a call & consult us today

Recent Posts

Get Free Evaluation