Process Reliability Modelling: Improving Organizational Effectiveness and Bottom Line

• OVERVIEW

Process Reliability Modeling (PRM) is a very sensitive measurement instrument used to identify areas of processes contributing to loss of revenue and customer dissatisfaction.  PRM was created to satisfy requirements for Doctoral degree.

• LEARNING OBJECTIVES
• Identify areas of process contributing to ineffectiveness, inefficiency and unreliability
• Understand how to eliminate process variation

• WHY SHOULD YOU ATTEND
• Historical data suggest organizations perform at a Sigma Leve of 4; the cost of ineffective management is between 15 to 25 percent of an organizations sales.  
• A more realistic Sigma Leve in today’s organizations is 3 which suggest the cost of ineffective management is between 25 to 40 percent of an organizations sales.  
• Traditional methods of Process Improvement demonstrate high failure rates: Business Process Reengineering (BPR) 50% to 85%, Total Quality Management (TQM) 75%, and Six Sigma 90%.  As a result organizations bottom line suffers.  
• To improve bottom line organizations will downsize believing this will improve their bottom line; however, long term statistics reveals just the opposite is true.
• When implemented and managed Process Reliability Modeling will improve organizations bottom line 15 to 25 percent if organizations Sigma Leve is 4 and 25 to 40 percent if organizations sigma level is 3.

• AREAS COVERED

• Process Reliability Modeling: history, the process, validation
• Results of effective management, sigma score and customer satisfaction 
• Process as competitive advantage
• Process owners
• Turning qualitative information into quantitative data to determine process and system reliability
• Plotting results on two-by-two grid for analysis
• 7-S Alignment
• Root Cause Failure Analysis

• WHO WILL BENEFIT?

This training is useful for all the individuals who want to learn process variation countermeasures. It would be ideal for: 

• Senior executives
• Strategic leaders
• Quality Managers
• Product managers
• Manufacturing and R&D Managers
• Quality Professionals/Consultants 
• Presidents/Vice Presidents/CEOs 
• ISO Coordinators/Management Representatives 
• Engineers and Supervisors
• Laboratory quality professionals 
• Accredited auditors requiring the competency to audit Quality