ENVIRONMENTAL Continuous Improvement (CI) is at the heart of our engineering heritage. Over the years, our CI initiatives have enabled us to work smarter and more efficiently. Our budgeting tool allows for seamless collaboration across business functions while improving data accuracy and visibility. We introduced self-service online portals for our employees to request for mid- to back-office support. These service portals are capable of performance measurement and analytics that generate insights on areas for improvement. In addition, we recognise the importance of upskilling our staff through CI training. While 5S, Kaizen and Root Cause Analysis are key tools used to improve work processes, we continue to grow our library of e-learning modules to ensure our staff are well trained on topics including problem-solving tools such as Value Stream Mapping (VSM) and Lean Management. The Group achieved realised productivity savings of $23.5m from continuous improvement projects. This does not include realised savings from the Group’s Central Procurement initiatives, which saved another $85.2m. We achieved a value added per employment cost of 1.53 for our global operations. In 2021, four additional continuous improvement e-learning courses were deployed. Consolidating all e-learning courses into a single platform has improved their accessibility and usability. Fifteen teams participated in the first ST Engineering Best-of-Best CI Award and showcased their accomplishments in value creation and productivity enhancements through the creative use of technology, innovation and CI tools. Cash prizes and sponsorships for a CI benchmark tour to share best practices with other business units were given to the winning team to recognise and leverage their achievements. Harnessing technology and innovation to improve our processes and promoting skills upgrading are key drivers of the Group's productivity drive. By optimising resource efficiency, we minimise our environmental footprint. → → Achieved $23.5m of realised productivity savings from continuous improvement programmes → Rolled out continuous improvement programmes to business units in the U.S. and Europe WHAT WE ACHIEVED IN 2021 PRODUCTIVITY We set up a Group Continuous Improvement and Innovation framework which focuses on CI across our businesses. Our business units welcomed the introduction of this framework and are committed to promote CI culture across our global operations. 20 ST ENGINEERING SUSTAINABILITY REPORT 2021 OVERVIEW OUR SUSTAINABILITY APPROACH ENVIRONMENTAL SOCIAL GOVERNANCE AWARDS INDEX
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