EGA records AED 20.8 million in savings through employee suggestions during first half of 2019
United Arab Emirates: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that it achieved cost savings of AED 20.8 million through its suggestion scheme during the first half of the year. Since January 2019, EGA employees have put forward over 14,000 ideas to reduce costs and improve processes at worksites. The company also launched a campaign during the Holy Month of Ramadan that aimed to accelerate the implementation and awarding of creative suggestions generated by employees. During the month, suggestors, supervisors and teams involved in implementing suggestions were recognised for their contributions. Some 5,812 employee suggestions were implemented during the month – 41 percent of the overall number of suggestions submitted in 2019 so far.
Abdulla Kalban, Managing Director and Chief Executive Officer of EGA, said: “Continuous improvement is an ongoing commitment at EGA and is a responsibility for everyone in the company. We believe that employees who work on daily work processes can present the most valuable suggestions to improving them, helping us to develop and maintain global competitiveness. The results of the Ramadan campaign clearly show the success that is achievable through our scheme and we commend everyone who took part.”
The suggestions validated during Ramadan led to AED 5.6 million in savings
EGA has operated an employee suggestion scheme since 1981. Last year, nearly AED 50 million worth of savings were generated through a record 38,037 proposals submitted.
Since 1999, EGA has received nearly 500,000 suggestions for operational and technical improvements, out of which 270,000 have been implemented to generate savings of AED 366 million. Their achievements are also recognised within the company every month and at annual events.