Manufacturers reducing the cost of quality

REDUCED COST OF QUALITY WIPRO Applying Thought How data is delivering stellar quality and production-efficiency gains 72% respondents suggest that product quality management is the key focus area Reduced cost of quality? Using insights gathered from production-data analysis, 2/3rd companies report annual savings of 10% or more in terms of cost of quality 1/3rd say the savings are in the range of 11 to 25% How Sandvik is using aggressive data management programs to boost efficiency and lower costs To measure precise width & temperature Installed 9 Sensors Material Type Thickness Temperature Speed Owing to the new controls, Sandvik has managed to Reduce the Reduce the degree of deviation 35% from perfection average volume of imperfections by 80% IMPACT: 1 80% by 35% Source: Manufacturing and the data conundrum, an Economist Intelligence Unit report commissioned by Wipro Wipro helped increase operational efficiencies and cut integration costs for a leading Hi-Tech Manufacturer in US Productivity: Estimated cost savings: 1 3 $13 million 2 68% reduction in journal entries required for incorrect master data over 3 years Cost Reduction & Avoidance: Customer Satisfaction: 60% reduction in customer complaint calls due to improved tax infomation 50% reduction in efforts spent on reconciliation of incentives for customer DO BUSINESS BETTER CONSULTING | SYSTEM INTEGRATION BUSINESS PROCESS SERVICES © Copyright 2014.Wipro Limited NM/MARJULI4