Industry Headlines

IQS Saves Customer Millions

January 13, 2009
/ Print / Reprints /
ShareMore
/ Text Size+

ST. PETERSBURGH, FL-IQS, provider of enterprise risk and compliance management software, reports that customer Globe Motors experiences a projected savings of $2.25 million after implementing IQS at its plants in Ohio, Alabama, Mexico and Portugal. Globe Motors designs, manufactures and distributes precision, sub-fractional horsepower motors and motorized devices throughout the world for the industrial, military and aerospace, and automotive markets.

"Our customers understand the value of approaching quality as a way to save money and preserve market share instead of as a cost to the operation," says Michael Rapaport, president and CEO of IQS. "Improving product quality has a direct effect on a company's market valuation and enduring growth. IQS continues to be a highly effective and systematic solution for instilling best practices in quality throughout an enterprise."

In two years, with IQS as its enterprise quality management foundation, Globe Motors has made a 22% overall quality/business efficiency improvement. The three biggest drivers for improvement were:
  • Supplier quality improvement
  • Repurposed labor overhead
  • Automation of document control for ISO AS 9100, TS 16949, FAA and medical device requirements and standards

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

 In honor of World Quality Month, we spoke to James Rooney, ASQ Past Chairman of the Board of Directors 2013, for his take on quality around the world.
For more information, read the ASQ Speaking of Quality column.
More Podcasts

THE MAGAZINE

Quality Magazine

cover_image

2014 April

Check out the April 2014 edition of Quality Magazine for features!
Table Of Contents Subscribe

Manufacturing Process

Has/does news about a manufacturers’ recall (like the GM recall in the news now) cause you or your company to reexamine its manufacturing process?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

eNewsletters

STAY CONNECTED

facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png