Geuther Vietnam
BIO has granted USD 28,200 of Technical Assistance to Geuther Vietnam Co., Ltd., a Vietnamese company specialised in the production of wooden safety gates and other solid wood baby furniture.
Amount
€ 24,309.00
Type of investment
Subsidy
Development impacts
- Private sector consolidation/innovation
Beneficiary locations
Investment field
Enterprises
Activity
Geuther Vietnam Co, Ltd is part of the Groupe BMB, a Belgian family group aiming at becoming an international group specialized in the wooden baby furniture industry. Since 2016, the Group operated a production plant of 3,000 m² nearby Ho Chi Minh city in a rented space.
Technical assistance
The technical assistance aims to improve the quality of the products and to make the manufacturing processes more reliable and efficient by using Lean 6 Sigma Methodology.
By working to reduce variation and opportunities for error, Lean Six Sigma method ultimately reduces process cost and increases customer satisfaction: Understand the customer's specifications for a product; the customer's desire for reliability; and all manufacturing processes; reducing variation in the processes.
Development impact
- Greater predictability in the process
- Environmental benefits: Less waste and corrections, lowering costs
- Better product performance - longer life
- Happier customers
Development impacts
- Private sector consolidation/innovation
View more of our investments in this region
Financial Institutions
TerraPay Payment Services
10,000,000.00
Cameroon, Côte d'Ivoire, Kenya, Senegal, Tanzania, Uganda, Bangladesh, India, Philippines, Vietnam
25/03/2024
Debt
