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Home » Keywords » ROI calculation

Items Tagged with 'ROI calculation'

ARTICLES

“Data rich, information poor.”
Sponsored Content

Data Rich but Information Poor? Get a Better Return from Existing Investments

Get the most from your equipment through data centralization.
April 2, 2019
No Comments

Often, new technologies are designed to not allow communications with third-party quality systems. Here’s how to get the information you need from the systems you’ve invested in.


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Return On Investment
Sponsored Content

Why Use Predictive Analytics in Manufacturing Quality Management?

Get realistic and attainable results when you look more closely at the data you’re already collecting.
March 13, 2019
One Comment

Applying Statistical Process Control (SPC) methodologies to the right data will help you proactively control processes and prevent manufacturing quality problems before they occur.


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5 Questions to Ask When Evaluating an SPC Provider

Make the right SPC software investment by asking the right questions.
Leah
Leah Pickett
February 1, 2019
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Looking into new software for statistical process control (SPC) can be challenging and often confusing at the outset. This is because many providers claim to have similar features like real-time data collection and easy installation, though results may vary.


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Better ROI: Uncover Cost Savings by Examining In-Spec SPC Data
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Better ROI: Uncover Cost Savings by Examining In-Spec SPC Data

Take a second look at your quality data and see what you've been missing.
December 4, 2018
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Do you collect quality data to catch problems on the production floor—but then never look at that data again? If so, you could be missing an opportunity to reap big rewards from your quality-improvement efforts.


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Five Ways to Maximize ROI from SPC

Five Ways to Maximize ROI from SPC

SPC is more than a control chart. Look at the big picture to find transformative improvements.
Edward
Edward McMenamin
December 4, 2018
110 Comments

To earn the return on investment that a modern, cloud-based SPC software service can provide, organizations need to rethink some outdated ideas about quality.


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Getting a Return on Investment from Your Quality System
Sponsored Content

Getting a Return on Investment from Your Quality System

Don't rely on opinion--get unbiased information for the best results.
July 1, 2018
One Comment

When tackling quality issues on the shop floor and across the enterprise, when we don’t have a definite answer, we tend to fill in the gaps with opinion. What we really need is unbiased information.


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Uncover Cost Savings by Examining In-Spec SPC Data
Sponsored Content

Uncover Cost Savings by Examining In-Spec SPC Data

For one beverage manufacturing organization, interrogating quality data netted a great profit.
July 1, 2018
2 Comments

A large beverage manufacturing organization discovered that taking their quality data analysis one step further resulted in an $800,000 ROI.


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Who's Using SaaS—and Why?
Sponsored Content

Who's Using SaaS—and Why?

Software as a Service solutions provide quick ROI and they are easy, cost-effective, and efficient.
July 1, 2018
One Comment

Manufacturers are adopting Software as a Service solutions not just because they are easier, more cost-effective, and efficient for users but also because they give organizations a strategic advantage.


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QM0618-DEPT-caseB-p2.jpg

What is the Value to Your Company of a Leaner, More Productive Inspection Process?

You may be surprised!
Dwighd Delgado
June 15, 2018
No Comments

Quite often in manufacturing, an inspection department is treated primarily as a necessary overhead expense required to assure compliance to customer specifications. Sometimes an inspection department may also be treated as a profit center for compliance to a variety of test protocols dictated by external agencies, or perhaps internal procedures to demonstrate traceability to certain quality standards. 


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equip_ft

Trends in Equipment Budgeting

While equipment budgets are as important as ever, the new budget seeks to determine ROI first with rented equipment
Genevieve Diesing
December 6, 2013
One Comment
Joe Lendway knows a thing or two about the importance of maintaining quality in a full-scale operation—and therefore the importance of budgeting for it. Lendway is the quality manager at Top Tool, a manufacturer of precision metal stamping components whose high standards earned it 2013’s Quality Plant of the Year award.
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    Sponsored byWaygate Technologies

    Harnessing Inspection Data to Accelerate Product Evolution

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QM 0722 Quality 101 Global Shop Solutions ERP

Know Your True Cost of Quality with Integrated ERP

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Harnessing Inspection Data to Accelerate Product Evolution

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Viking Plastics Continues Streak of Outstanding Quality Performance

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The Quality Engineer: Perception Versus Truth

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Events

September 13, 2022

3 Change Management Best Practices for Avoiding Compliance Failures

With frequent issues detected during regulatory inspections, it is more important than ever to understand the principles of change management. This webinar examines the general principles of change management, its role as a key component of a quality management system (QMS), and its relationship to other critical quality processes such as corrective action/preventive action (CAPA) and training. 

October 6, 2022

Dramatically Improve 3D Inspection Workflows Anywhere in Your Facility

Join us to learn how a 3D metrology solution has provided an independent designer and manufacturer with increased inspection mobility for their measurement needs while boosting their capacity by 75%. With today’s ever-changing markets it is crucial your business has access to cutting-edge technologies that will eliminate the complexity of automation to improve your work processes and increase productivity. 

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