New IBS Sponsored Report Released: Closed Loop Quality Management
IBS America, an industry leader in quality management software solutions, has sponsored a report with Aberdeen Group on Closed Loop Quality Management.
In this exclusive report, Aberdeen research delves into how Closed Loop Quality Management continues to be a source of competitive advantage for many Best-in-Class manufacturers. However, this quality management system is often misunderstood by many organizations not in manufacturing. This Aberdeen Group report examines the Design-Make-Deliver processes, and reveals that there are a number of workflows where quality management connects disparate job roles, trading partners, and departments.
The purpose of this Closed Loop Quality Management report is
aimed at identifying how Best-in-Class manufacturers are defining and therefore effectively ensuring closed loop quality management across the enterprise and the supply network.
Here are just a few quality control in manufacturing statistics of the many revealed in this exclusive report:
- Best-in-Class companies have 89% Overall Equipment Effectiveness (OEE)
- Best-in-Class companies have 98% On Time and Complete Shipments
- Best-in-Class companies spend 60% more on defect prevention (i.e., Quality Planning, Training, etc.)
Additional analyses of the report has determined that not much has changed since 2009 when it comes to the top two market pressures driving a focus on production quality control. Recent economic turmoil continues to impact the credit market, and liquidity concerns for many manufacturing companies remains high. For surviving companies, the ability to differentiate on customer experience remains high. The competitive market place is fiercer than ever, with new entrants to all types of markets continuing to win market share.
For more statistics, research, and informative graphs, follow this private access link to access the full report - Closed Loop Quality Management: Creating Visibility and Reducing Risk across the Value Chain
Hurry: this Quality Management Report is only available free of charge until July 29th, 2011!