ACG Packaging Materials Achieves Global Recognition
Recently, ACG Packaging Materials celebrated a significant milestone. Their Shirwal facility has been recognized as a global Lighthouse by the World Economic Forum's (WEF) Lighthouse Network. This prestigious acknowledgment highlights ACG's pioneering role in adopting smart manufacturing practices, making medicines safer, more sustainable, and affordable for people everywhere.
ACG's Commitment to Smart Manufacturing
The recognition marks ACG's second Lighthouse designation, following the honor received by their Pithampur capsules manufacturing facility. Karan Singh, Managing Director of ACG, stated that true leadership in packaging comes from innovation rather than competition. The achievement demonstrates ACG's dedication to enhancing packaging by implementing advanced technologies.
Transformational Impact at Shirwal
The journey at their Shirwal facility has focused on comprehensive transformation. This includes various technological innovations such as generative AI, machine learning, deep learning, and the Industrial Internet of Things (IIoT). The objective is not only to improve productivity and quality but also to drastically reduce energy usage and greenhouse gas emissions.
Significant Operational Improvements
The initiatives taken have shown tangible improvements that benefit both the company's operations and customers. Notable outcomes include a 40% reduction in lead times, a 71% decrease in defects, and a 31% reduction in energy consumption. Additionally, the company has achieved a 34% improvement in timely, full deliveries. These enhancements yield shorter lead times and more reliable delivery performance for ACG’s valued clients.
Insights from Leadership
According to S R Shivshankar, CEO of ACG Packaging Materials, this recognition is a tribute to the hard work and dedication of the Shirwal team's ability to integrate leading-edge digital technologies into manufacturing workflows. The commitment strengthens ACG's focus on delivering consistent quality and sustainability for customers on a global scale.
Balajikasiram Sundararajan, Chief Digital Officer of ACG Group, emphasized that through the Build the Future programme, ACG is fostering a transformation driven by technology throughout the manufacturing value chain. This initiative facilitates smart manufacturing, connected products, services, and innovative business models. He noted that being awarded Global Lighthouse status propels ACG to continue fostering innovation.
Global Lighthouse Network Overview
The Global Lighthouse Network recognizes top-performing operational sites and value chains. This initiative reflects exceptional performance across key metrics such as productivity, customer-centricity, sustainability, and workforce talent. Collaborating with industry leaders, the Global Lighthouse Network aims to shape the future of manufacturing on a global scale.
About ACG Packaging Materials
With over six decades of experience, ACG is known for providing innovative production solutions for the pharmaceutical and nutraceutical sectors. As the most integrated supplier of oral dosage products, ACG's diverse offerings include capsules, barrier packaging, machinery, inspection systems, and traceability solutions. ACG strives to form lasting partnerships with customers across 138 countries, sharing the common goal of addressing key health challenges worldwide.
Frequently Asked Questions
What is the Global Lighthouse Network?
The Global Lighthouse Network recognizes operational sites that exhibit exceptional performance in areas such as productivity, sustainability, and customer centricity.
Why is ACG Packaging Materials significant?
ACG Packaging Materials is noted for becoming the first pharmaceutical packaging company to be recognized by the Global Lighthouse Network, highlighting its innovative practices in the industry.
What technologies are implemented at the Shirwal facility?
Technologies such as generative AI, machine learning, deep learning, and IIoT are utilized to enhance productivity and sustainability in operations.
What operational improvements have been achieved?
Improvements include a significant reduction in lead times, defects, and energy consumption, leading to better delivery performance for customers.
How long has ACG been in the industry?
ACG has over sixty years of experience developing production solutions for the pharmaceutical and nutraceutical industries.
