Description:
Defect and Failure True Cost (DAFT management), explains costing methods using risk based decision
making. The defect and failure cost and deciding equipment criticality are discussed
with respect to business profitability and as waste reduction
tips.
When your business, operation or department is not producing
the profit it should, it is highly likely
that there is great waste occurring. There will be numerous
business process failures. Possibly
even no organised processes at all. This book is about identifying
and recognising the cost of
waste, lost-value and non-value. Once you discover where it is
hiding you can deal with it
sensibly.
As important as it is to find the waste you already have, this
book can also stop waste from getting
into your business. You will learn of a simple method to spot
waste and non-value early in your
plans when it is most easily prevented. What you learn in the
pages of this book should be passed onto all managers and
supervisors in your operation. Give them a �tool� to spot
the waste all around them and to act quickly to stop it. If you do
that, your organisation will start churning-out strong profits.
Here are some headlines from national
publications published within a six week period.
�$30 Million Refinery Glitch Stalls
Fuel Users � No Petrol for 2 Weeks�
�Liquefied Natural Gas Project Back On Track after Production
Train Repairs - $300 Million
Lost�
�Refuelling Problems Delay $250 Million Terminal Operation �
Jet Fuel Pipes Contaminated�
�330 Hospital Patients Suffer Cold Winter Showers for Two Days
� Risk of Spreading Infection� |
Defects and failures can send companies bankrupt. Vast sums of
money can be lost when
things go wrong. The failures noted above cost business hundreds
of millions of dollars. Had the
contaminated jet fuel pipe not been discovered it could have cost
hundreds of lives.
These failures made it to the news. How many failures do not
make the news? How many
failures happen in your company that should not occur?
Download this DAFT Cost Management
Ebook Today!
|