- TypeWebinar
- Location Denver, Colorado, United States
- Date 29-09-2017
Business Development
Manufacturing
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.
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
WHO WILL BENEFIT
This training is useful for all the individuals who want to learn process variation countermeasures. It would be ideal for:
LEARNING OBJECTIVES
Email: [email protected]
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
In this reliability training learn about Process Reliability Modeling and how to measure organization’s process effectiveness and efficiency. Book now!