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© AIMCO, 2001
       

Quality

 

Reduction in Warranty and Rework Costs is a Direct Savings to a Company


  • Fewer failures for warranty
  • Less rework costs
  • Less liability
LESS REWORK AND FEWER FAILURES
By providing a consistent torque to the fastener, you help eliminate loose or stripped joints.  With most accessories, you help eliminate product damage from scratched paint or dents.  Torque measurement equipment helps ensure the tools are set properly.
 
LESS LIABILITY
Given our litigious society, process verification may reduce a company's liability exposure.
 
IMPROVED PRODUCTIVITY
High levels of quality can improve productivity when the operators don't have to rework material already assembled.  Also, often using proper tooling can eliminate steps in the audit process - using torque control pulse tools instead of impacts followed by click wrenches.
 
COST REDUCTION:
(solution costs)

/

(reduction in rework or warranty costs per year)

=

payback in years
 
EXAMPLE
A company reduces broken circuit boards due to poor screwdrivers from 1.7% to 0.8%.  With labor and parts costs of $12 - $30 per board, this cost the company over $27,000 each year.  Purchasing new drivers and a torque tester for the line may cost about $13,000.  Their lowered warranty costs are about $8,000 per year.
 
PAYBACK:
$13,000 / $19,000 = 0.68 years or just over 8 months
 
This means that the purchase of the drivers and tester will pay for themselves in just over 8 months!
 
WHO IS INVOLVED WITH QUALITY?
  • Quality department
  • Production management
  • Legal department
  • Corporate executive management

 
 
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