Excellence Belt LLC is proud to have recently signed a Collaboration Agreement with PIMS Associates Ltd with headquarters in London-UK, initially in support to the PIMS® Global Lubricants and Greases Supply Chain Benchmarking, to act as business representative and/or specialized consultant for a group of potential USA Clients interested in this type of program, but with the potential to jointly move to a longer-term relationship in other projects related to business and operational excellence, which is the core business for both parties.
PIMS Associates is best known for PIMS® (Profit Impact of Market Strategy®) program, which was initiated by General Electric in the 1960’s for portfolio and investment analysis. The PIMS® tools and databases have been refined and developed first by Harvard, then as an independent company, and now as part of PIMS Associates [1].
In the 1990’s, the PIMS® Lubricants & Greases Supply Chain Benchmarking project was introduced to assess the supply chain fitness of the downstream sector business. This unique database contains granular operational and cost structure information for LOBPs and GMPs. Participants include global majors, state-owned entities as well as independent manufacturers. Today, the database has grown to nearly 300 plants worldwide, accounting for over 50% of the global annual throughput [1].
PIMS Associates consult organizations across the private, public, and social sectors to tackle their most important challenges and capture their greatest opportunities. The focus is on Strategy Development, Customer Value Management, Operational Excellence and Transformation and Change Management. To succeed, organizations must blend digital and human capabilities [1]. For more details on PIMS profile and activity please click on the website http://www.pimsassociates.com.
On our side, Excellence Belt LLC (from now on named ExB) was conceptualized in 2020 and founded in 2021 inspired by many needs arising from industries and people to survive in critical environments like the COVID-19 pandemic. Another driver is the fact that there are very important business challenges for existing and future operations with increasing requirements for maximum safety and environmental control that also demands for maximum efficiency and competitiveness.
ExB have identify six (6) Routes to Excellence, named ROUTExc (see following figure) to achieve Excellence Belt Performance. Not all of them are required for some clients, depending on the nature and complexity of the business, but what is essential is to have a feasible and clear Business Plan (ROUTExc 1) that clearly defines the market size, the competitors and the strategies to be successful. To close gaps between your current positioning and the business-operational targets a Gap Analysis (ROUTExc 2) is recommended so that to identify road maps for success named Optimization Portfolio that requires evaluation, prioritization and management (ROUTExc 3: OPM). For more details on the ExB profile and methodologies, please click on the website http://www.excellencebelt.com.
This approach implies to know your capabilities and those of your competitors and that is precisely the benchmarking that PIMS Associates performs for the Lubricants/Grease manufacturing sector as explained in the video above.
ExB believes in Collaboration and Partnerships as a Key Factor of Success with our Clients and for delivering enriched-opportune Technology Solutions that will contribute to achieving Excellence Belt Performance within different industry sectors.
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Reference [1] - PIMS Associates Ltd. Brochure titled: PIMS® Global Lubricants and Greases Supply Chain Benchmarking - Top-quartile performance powered by Big Data analytics. April 2023.
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