Acerinox launches Excellence 360 °, a pioneering plan that will result in returns in Ebitda of EUR 125 million in 5 years

This modular project aims to progressively achieve returns in EBITDA of 125 million euros per year in recurrent way from 2023.

The Board of Directors of Acerinox approved Excellence 360°, a concept designed to manage returns from the Digital Transformation through a global vision of the business. This strategy will integrate the improvements in traditional Excellence Plans, with the application of new technologies.

Excellence 360° is a pioneering idea that will run initially between 2019 and 2023, although it will have a long-term and ongoing development. In this project, Acerinox will be together with Minsait (Indra Group), company leader in value creation through the digital transformation of its customers.

Excellence 360º is focused on enhancing the entire business: Production (increasing the process reliability and productivity), and Supply Chain (optimizing the stock and increasing the precision of deliveries), Commercial (improving the margins) and Purchases of Raw Materials (optimizing the mix all time).  All of these, thanks to the use of new systems and placing the customer at the center of the business.

Excellence 360º means a change in the way of work to supply the best stainless steel and to keeping as the most competitive company in its sector.

In the words of the Chief Executive Officer, Mr.  Bernardo Velázquez, "It will lead us to a general improvement of productivity and efficiency bringing visibility to the business and agility in decision-making. Excellence 360° is change in business model in which we are committed to benefit of the huge knowledge of our people and the best technologies available."