“The art of optimization is to maximize the science of efficiency”
– Owais Dagra
Iqbal A. Nanjee & Co. conducted a thorough study and report on Stallion Textiles various initiatives with respect to Business Process Optimization. The findings in the report are based on comprehensive due-diligence on the global textile spinning sector along with a detailed examination on Stallion Textiles operations collected through numerous surveys, physical inspections of the facilities including plant and machinery, interviews with corporate/mill management and an in-depth business assessment of the Project’s concept, its commencement, evolution and achievements.
Stallion Textiles is one of the largest textile spinning mills in the world comprising of 156,000 spindles, producing 30/1 PC (Polyester Cotton) carded yarn. Stallion Textiles is located in Pakistan with an 800,000 sq ft. all encompassing self contained, state-of-the art infrastructure on 12 acres.
The report finds Stallion Textiles to be the most cost efficient textile spinning mill in the world, which has resulted from successfully achieving extra ordinary benchmarks with respect to 12 key initiatives, that in combination have resulted in Stallion comprehensively attaining the highest levels of sustainable Business Process Optimization.
The Project History
Opportunity Creation Phase – Business Process Innovation
Stallion, in accordance with the Dagra Business Model, commenced the initiation of the Opportunity Creation Phase – Business Process Innovation in 2003. As part of the strategy, it was decided to initially install a 15480 spindle unit to get acclimated with the details of the business processes and innovate opportunity creation. In early 2006 the plant was operational and Business Process Innovation commenced with identification of both micro and macro areas for opportunity creation ranging from capital expenditure to all major and minor line item expenses. Cost efficiencies and economies of scale research and analysis were also conducted both locally and internationally. By 2007, the R&D was completed and Stallion was ready to expand the size of its operation entering into the Platform Phase of Business Process Optimization. In 2008, the plant was expanded to its current size of 156000 spindles and operations recommenced in early 2009.
Platform Phase – Business Process Optimization
During this phase, 12 key initiatives were undertaken, as detailed in Section 4, with respect to Business Process Optimization establishing the platform that would catapult Stallion into the Growth Phase of leveraging opportunistic strategy.