CIMTEK Cuts Product Launch Time By 15%.Finds the Sweet Spot for Cost/Quality Balance with New Product Introductions BOSTON -- Time-to-market is money in the bank - and CIMTEK, the market innovator's first choice for managing product quality, is rolling out a new product introduction (NPI NPI National Provider Identifier, see there ) diagnostic program: Cut production start-up time by 15 percent, or the engagement is free. Initial pilots of this NPI diagnostic program have delivered well over 15 percent reduction in ramp-up, immediately. It's designed for automotive, telecommunications, medical, and high-tech electronics manufacturers - all of whom are reeling from price pressures, shorter product lifecycles Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. and narrowing windows for real profit generation. Combining CIMTEK's professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. group's industry expertise with the predictive analytics Predictive analytics encompasses a variety of techniques from statistics and data mining that process current and historical data in order to make “predictions” about future events. of its Magellon QLM QLM Quick License Manager QLM Quantum Leap Methodology (KSA) QLM Quick Link Mobile flagship software, it provides actionable recommendations for continuous improvements, for current and future product lines. The program also immediately identifies the most common pitfalls with NPI's, including test variances, redundancies in the production line, failed component trends and inadequate yields. Additionally, real-time monitoring and management of remote test stations shortens reaction time by enabling dynamic test program updates, particularly valuable during production start-up. "We identify, and eliminate, the inefficiencies that bog down bog down Verb [bogging, bogged] to impede physically or mentally Verb 1. bog down - get stuck while doing something; "She bogged down many times while she wrote her dissertation" bog new product introductions - and protect quality," said Stan Smith
Holistic Evaluation of NPI Process CIMTEK's NPI diagnostic program establishes best-practices for predictive, collaborative NPI cycles across design, test engineering and entire manufacturing organizations, through: * Magellon QLM software, which gathers, correlates and analyzes component quality, manufacturing process, quality and repair data, encompassing the entire NPI cycle, to identify direct areas of improvements - including yield rates, retest re·test tr.v. re·test·ed, re·test·ing, re·tests To test again. n. A second or repeated test. rates, test and process step times and test coverage gaps. * CIMTEK's professional services team, which performs a variety of qualitative data gathering tasks - including surveys and interviews with manufacturing stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. , test engineers and quality professionals. They identify faulty processes, and organizational and technology redundancies, for practical suggestions to streamline operations, extend production capabilities - and maximize overall ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). on innovation. "One slip in quality can cost millions of dollars - and reputation," said Smith. "We're helping manufacturers understand the data that's under their noses - and how to make it work smarter with existing manufacturing processes. It's the best form of intelligence - and control - to avoid simple, but costly, mistakes." The NPI diagnostic program is available for a fee. The program includes gathering and analysis of test and process data for a specific NPI project. The results are presented by CIMTEK professional services, with a comprehensive written report of findings included. CIMTEK solves one of manufacturing's biggest challenges: how to bring high-quality products to market quickly and cost-effectively. With CIMTEK's Quality Lifecycle Management , manufacturers leverage critical information on performance, functionality and reliability captured in the test phase to drive higher quality designs, smarter sourcing and consistently profitable products. Since 1986, CIMTEK has been the partner of choice for innovative test solution by leaders in aerospace, automotive, high-tech and industrial manufacturing. Its customer include Microsoft[R], Motorola[R], Honeywell[R], Siemens[R], Visteon[R], Delphi[R] and DuPont[R]. For more information visit www.cimtek.com |
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