The table below highlights some of the foremost profitable projects made by LSS Academy
Category | Project Title | Business Case | Benefit |
Services for Oil & Gas | Reduce chemical (demulsifier & flocculants) usage in oil & gas field. | Excessive usage of two major chemical on contracted basis has eroded the profit margin and causing cost overrun. | US$325/yr |
Mining | Reduce second pass stripping for underground mining. | Suboptimal drive placement creates mining inefficiency impeding mining advance rate by up to 50% in the ore-body and hence ore production is not optimised. | US$25M/yr |
R & D | ISFET Sensing Membrane Sensitivity Improvement | Less sensitivity and not optimized membrane had led to unsuccessful commercialization for the end product | Average sensitivity improved from 29mV/pH to 51.96mV/pH and successful commercialization. |
Manufacturing | Reducing WIP at CM | Increase in Semi-Finished Inventory and High Lead time for completion | USD 250,000 |
Manufacturing | Eliminating Cold Streak Marks at Finished Sheet Aluminium | Production Defect is adding more than 25% of Raw Material Requirements | USD 185,000 |
Engineering(Recycling) | MAximising Use of Waste Metal for Raw Material Recycling | Cost of Raw Material Purchase is at 20cents spread and waste metal are non recycled | USD 3MM |
Engineering(Recycling) | Increasing Project Completion Cycle Time | Engineering Project Delays are adding more than 30% to the operation/project cost | USD 275,000 |