QRM is a strategy for drastically reducing the time between a product being a concept and when it is completed. This is referred to in Lean thinking as being the ‘lead time’.Lean thinking is very much geared towards the reduction of lead time, hence why QRM can be an important strategy within Lean thinking. It can be used in place of Lean thinking, but more often it is used as a tool when adopting Lean manufacturing principles.
The whole QRM strategy is focused on quickly going through the design process and developing products to meet a customer’s needs. However this is not to say that quality is shelved in response to trying to produce goods quickly.
In fact the second driving force behind QRM is to meet the customer’s needs. Customers will usually expect that their suppliers are able to meet their needs and to do so quickly and this is where QRM can provide companies with a competitive edge, when it comes to securing new business.
QRM almost revolutionises how goods are produced because it cuts through much of the time taken within the design stages and ensures that the time taken to design and then produce something is substantially reduced. Given that the design process is often seen as a ‘creative role’ that cannot be rushed, this is a significant change in approach, especially given that the customer’s needs are given such a high priority throughout all stages of both design and production.
Company Wide Approach
For QRM to be an effective strategy it has to be adopted throughout the whole company; it cannot be isolated to the design process or to the manufacturing process- all different sections of the company need to be committed to QRM.
Companies who are implementing QRM also need to analyse performance, seek to improve it continuously and also have an incremental approach to its implementation, doing it step by step throughout the company rather than simply changing everything overnight.
Primarily this is because QRM requires every section in any company to be aware of the role that it plays within the company and how they feed into the process of production, even functions such as administration or the warehousing section. Each has a part to play and each section needs to look at exactly what it can do to reduce lead times.
Benefits Of QRM
It is estimated that when QRM has been successfully implemented within a company then lead times can be reduced by as much as 95% although this figure is often lower, but nonetheless, lead times are reduced and so waste is eliminated from the process of production which leads to greater efficiency.
It is estimated that this efficiency can result in the finished product costing around 30% less to produce, which gives businesses a real incentive to adopt the QRM strategy.
In addition the fact that the driving forces behind QRM are the reduction in lead times and meeting the customer’s needs, the rate of defects or shoddy goods is also significantly reduced, sometimes by up to 60%.
So there are certainly some good reasons for implementing this strategy but it is a strategy that requires the whole company to be behind it and this can take time to achieve, especially with some functions such as administration or human resources, that do not automatically think that they have any role to play in terms of the lead times or productivity. Thus QRM does require a significant change in terms of the culture of an organization.
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Aug 19, 2010
Aug 2, 2010
What is Statistics?
Statistics is a type of data analysis which practice includes the planning, summarizing, and interpreting of observations of a system possibly followed by predicting or forecasting of future events based on a mathematical model of the system being observed. Statistics is a branch of applied mathematics specifically in the area of statistical theory which uses probability theory in the mathematical models.
Data Collection And Statistics Provide Important Information
There are some people who absolutely live for numbers and information and just about anything else that can be compiled and analyzed, and that makes data collection and statistics a good occupation. More than just numbers data can be collected to provide important statistics to support many decisions.
One type of data collection and statistics that most people are aware of is the national census. Most of this information is gathered through personal interviews, although many citizens can fill out forms with the same information to allow the government to plan for many social programs as well as plan for the future. For example, if the census in a certain community shows the number of pre-school age children has grown dramatically, that community can start planning for more space in schools as well as teachers for the future.
Commercial uses for this information can be helpful for companies planning events such as advertising campaigns and product development. For instance if a trend appears through the data collection and statistical analysis that a certain community will have the majority of its population over the age of 70, it can plan an advertising campaign geared more towards senior citizens. Retailers can also set their product mix for seniors more towards the percentage of the older residents to meet the anticipated demographics.
Trends Revealed Through Data Analysis
There is much to be gained with data collection and statistics and those responsible for analyzing the data usually see emerging trends and can translate that information. If, for example, a trend is spotted that shows an increase of a certain ethnic population in specific geographic areas, additional studies may be prompted in an attempt to determine why that area is more attractive. Additional data may look at which areas have seen a reduction in that ethnic group and attempt to find out why the exodus is occurring.
Statistical analysis of data collected may also reveal health trends and spark reactions from national health agencies to intervene before an epidemic begins. Health statistics can also help spot increases in a particular disease and determine if it is limited to a certain ethnic group, age group or geographic area. This information may be vital in determining not just the cause, but also a possible cure.
The world of the future often depends on occurrences of the past, and the more the people know, the more they can project the future.
read more »
Data Collection And Statistics Provide Important Information
There are some people who absolutely live for numbers and information and just about anything else that can be compiled and analyzed, and that makes data collection and statistics a good occupation. More than just numbers data can be collected to provide important statistics to support many decisions.
One type of data collection and statistics that most people are aware of is the national census. Most of this information is gathered through personal interviews, although many citizens can fill out forms with the same information to allow the government to plan for many social programs as well as plan for the future. For example, if the census in a certain community shows the number of pre-school age children has grown dramatically, that community can start planning for more space in schools as well as teachers for the future.
Commercial uses for this information can be helpful for companies planning events such as advertising campaigns and product development. For instance if a trend appears through the data collection and statistical analysis that a certain community will have the majority of its population over the age of 70, it can plan an advertising campaign geared more towards senior citizens. Retailers can also set their product mix for seniors more towards the percentage of the older residents to meet the anticipated demographics.
Trends Revealed Through Data Analysis
There is much to be gained with data collection and statistics and those responsible for analyzing the data usually see emerging trends and can translate that information. If, for example, a trend is spotted that shows an increase of a certain ethnic population in specific geographic areas, additional studies may be prompted in an attempt to determine why that area is more attractive. Additional data may look at which areas have seen a reduction in that ethnic group and attempt to find out why the exodus is occurring.
Statistical analysis of data collected may also reveal health trends and spark reactions from national health agencies to intervene before an epidemic begins. Health statistics can also help spot increases in a particular disease and determine if it is limited to a certain ethnic group, age group or geographic area. This information may be vital in determining not just the cause, but also a possible cure.
The world of the future often depends on occurrences of the past, and the more the people know, the more they can project the future.
read more »
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