Page 4 - SRNS_Today_January_2021
P. 4

4   |   SRNS TODAY   |   JANUARY 2021

          $12.7M saved during

          cost saving challenge

        O      ver the last fiscal year, SRNS was tasked by DOE to find   SRNS Director of Business Planning and Integration Freddie Grimm
               $12.5 million in cost savings and reinvest it towards
                                                                explained that a significant percentage of the savings can be
               improving processes, programs and infrastructure across
        SRS. SRNS met the challenge and surpassed that goal, achieving   attributed to process efficiencies.
                                                                “The icing on the cake has been our employees’ ability to
        $12.7 million in hard dollar savings.
                                                                insightfully examine how we do business and then evaluate potential
        SRNS Continuous Improvement Manager P. K. Hightower credited the   improvements, often from a completely different perspective. This has
        success of this financial achievement to a highly effective partnership   resulted time and again with new ways to efficiently and effectively
        between SRNS Continuous Improvement personnel and the affected   streamline processes and procedures, leading to major cost savings.”
        organizations, supported by DOE guidance.
                                                                Grimm also noted that more than $4 million in savings resulted from
        “The results were achieved through impressive continuous   the innovative use of existing parts, which avoided the purchase of
        improvement and streamlining initiatives received from a diverse   new equipment and materials.
        set of organizations throughout our company,” said Hightower. “The   “The wisdom and creativity displayed, combined with the practical
        workgroups who submitted the cost saving recommendations strived   reutilization of existing resources, has been inspiring,” said Grimm.
        to ensure they were implemented promptly and optimally.”
   1   2   3   4   5   6   7   8   9