Increase

internal cash flows without

borrowing
The primary goal of any business is to make more MONEY. This was the
credo expressed by by Dr. Eliyahu M. Goldratt, in the book The Goal. While
there could be other goals relating to society, environment etc, keeping
business profitable is essential for survival and growth.
Profits are achieved only by reducing Cost of Operations. Increase in sales
may give profits subject to control over increase in cost of operations. Cost
Reduction approaches are packaged as IMPROVED PROCESS OUTCOMES
(IPO).
Cost of Poor Quality (COPQ) is considered as the single largest contributor to
drain on profits. The simplest definition of Cost of Poor Quality is the costs
that would disappear if systems, processes, and products were perfect. While
perfection is not possible in theory, processes to systematically improve
output significantly are feasible.
The process adopted for this service is depicted below:

Identify
improvement
Opportunities

Agree on the
Measurement
and Basis for assessing
such improvementand
benefits

Create an internal
team to work along with
our experts

Institutionalise
these as processes
within organsiation

Assess the
improvement
and gains

Define project
(the duration can be
anywhere between
3 months to 9 months)

Conduct an
Assessment of Cost
of Poor Quality

As part of the service, the members from organisation learn different tools that
are useful for sustaining such gains.
We would be take complete responsibility
1.
2.
3.
4.

Identifying such opportunities

Develop solutions along with the internal team
Guide, Monitor and follow-up Implementation of agreed actions
Measure and monitor the gains

Please contact us for more information the services.

You can reach us at: Phone: +91 98400 96048 / +91 93828 56186
Email : pgs@threadsofexcellence.in