Boston Scientific Corporation has claimed the Shingo Award from the Jon M. Huntsman School of Business for two years running both in Minnesota and Costa Rica.
Boston Scientific has a facility in Coyol, Alajuela, Costa Rica, and received its Shingo Award for the work done at that facility this year. The Shingo Award, which is presented by the Shingo Institute of the Jon M. Huntsman School of Business in Provo, Utah, was created in honor of Shigeo Shingo. Shigeo Shingo was an industrial engineer from Saga City, Japan, who was credited with the creation of the Toyota Production System among other production analysis manifestos.
Boston Scientific Corporation of Coyol, Costa Rica, was awarded the bronze medal prize thanks to their continued efforts in overall operational excellence and for delivering on a number of key initiatives successfully. Boston Scientific improves the health care of patients around the world by providing innovative solutions to medical related problems, and their commitment to improving their working operations structure help them to achieve the recognition from the Shingo Institute based out of the Jon M. Hunstman School of Business at the Utah State University.
The award was presented at the 27th Shingo International Conference which was held May 4th to May 8th, 2015. Boston Scientific Corporation in Coyol, Costa Rica, employs nearly 2000 workers, and is valued at $172.7 million dollars as of 2015. The company produces medical equipment for 67 product families which include products for the heart, digestive system, pulmonary system, vascular system, urology, women’s health and chronic pain conditions.
Among its many improvements, BSC has noted a 97.7% service level, back orders of less than .37% and $63.3 million in savings. The Shingo Institute assesses companies on a case by case basis, and deems worthy professionals the recipients of its prestigious award based on the improvements that an individual company can demonstrate in a fiscal year.