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  Miscellaneous Quality Topics
  Sources of Cost Savings

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Author Topic:   Sources of Cost Savings
Marc Smith
Cheech Wizard

Posts: 4119
From:West Chester, OH, USA

posted 04 July 2000 01:17 PM     Click Here to See the Profile for Marc Smith   Click Here to Email Marc Smith     Edit/Delete Message   Reply w/Quote
From: (JohnN486)
Newsgroups: misc.industry.quality
Subject: Re: Cost Saving
Date: 04 Jul 2000 15:56:23 GMT

Waste takes on many shapes and forms. It can be associated with, but is not limited to:

Wasted time.
Wasted materials or parts.
Unplanned equipment downtime.
Scrap production.
Poor quality.
High overtime.
Obsolete equipment, sitting around and taking up space.
Poor communications.
Stocked tools that haven't been used in years.
Things you see in trash bins, that are still usable; i.e., nuts, bolts, pipes,
Environmental fines.
Missed customer shipments.
Customer complaints.
Misdirected freight.
Old problems keep reappearing.
Redundancies and duplication of work.
Misdirected efforts.
Wasted time on nonessential activities.
All things that have to be redone.
Accounting errors.
No parts in warehouse, to include wrong or bad parts.
Excessive paperwork.
Computer, LAN or system down-time.
Not receiving the right training to do a good job.
Substandard equipment that always is in the maintenance shop
Etc., etc., etc.

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