Q3 FY19-20 Financials and R&D Update slide image

Q3 FY19-20 Financials and R&D Update

◉ Initiatives to improve Quality Culture Implemented Six Sigma System at the organizational level to improve quality culture. 15 people trained as six sigma green belts last year, completed 10 ▪ projects covering quality, cost reduction and process improvements. Second batch of six sigma underway, new projects initiated. ◉ Implementation of 5S at shop floor is underway to make Cosmo shop floors world class. Taken initiatives like double door system on each door, automating door closures etc. Green rating awarded by EcoVadis Sustainability Ratings Initiated lean manufacturing from our Karjan unit which shall be horizontally deployed at all three locations. ☐ CF Initiated small quality improvement projects with lower level cross functional teams to reduce customer quality complaints. Started shop floor technical training for sales & marketing team for better understanding of product applications and manufacturing processes. Got A grade rating from two of major customers during plant quality audit. Customer complaint weekly QA meeting has been started and has been adding value to the quality management system. Initiated sharing product success stories for publishing on social media. Developed online COA (Certificate of analysis) generation application in SAP for all three units to provide system generated COAS to customers. 19 Cameras are installed on BOPP, Coating and Extrusion Coating Lines to detect inline defects and then rectify them
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