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CASE STUDY / NATURAL RESOURCES

World’s Largest Steel Producer Reduces New Product Development Cycle by 20%, through a full LEAN product development strategy

The company optimized the production processes, improved time to market for new products, and digitize and orchestrated SME’s knowledge as one of the most valuable business assets, among other benefits.



About the customer

The world’s largest steel producer

190,000+
employees

Steel manufacturing in
15+
countries

Customers in
160+
countries

Top 3
Mining Company Worldwide

 

Business challenges

The steel corporation needed improve operative processes and ensure market position through business & cognitive analytics

 
1

Optimize the production processes

2

Capitalize on investments performed in product development

3

Improve time to market for new product development

4

Digitize and orchestrate SME’s knowledge

How Softtek comes into play

Softtek designed a new quality process and executed the new vision, from test planning to design and execution. The approach and the talent behind the service allowed the client to deliver on time and with the required quality.

Took ownership in the implementation of automated testing with a defect reduction of 99%+ for back-end applications.

Eliminated the creation of false positive P1 defects, reducing a two hour effort to fifteen minutes.

Created an agile documentation process that reduced the onboarding time of a team member from one month to only two weeks, improving the project’s productivity.

Enable cross-training best practices to strengthen the QA team’s capabilities.

Group 385

Business impact

The steel corporation consolidated its market position and created a differentiator in a commoditized industry

20%

reduction in R&D cycle for new product development

17%

increase in SME productivity to develop new products

10%

savings in product plan testing

Knowledge platform to manage business expertise of product research

Consolidated its market position and created a differentiator in a commoditized industry

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