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Formability Microsite Resource
1. Cost Benefit Analysis
The Phoenix Group’s Formability Team
Partners With an OEM Company To
Drive Cost Savings
2. Background
Formability Consulting: Cost Benefit Analysis 2
The Phoenix Group engaged with
the following OEM in an ongoing
formability systems consulting
partnership. This resulted in
millions in savings on downtime
cost, cert cost, scrap cost, and
overall costs during the January
2014 – September 2017
partnership. The following slides
show data on cost savings over
this time period.
3. 79% Decrease in Downtime Cost*
3Formability Consulting: Cost Benefit Analysis
*January 2014 downtime cost compared to September 2017 downtime cost
4. 72% Decrease in Cert Cost*
4Formability Consulting: Cost Benefit Analysis
*January 2014 cert cost compared to September 2017 cert cost
5. 91% Decrease in Scrap Cost*
5Formability Consulting: Cost Benefit Analysis
*January 2014 scrap cost compared to September 2017 scrap cost
6. Benefit/Cost Ratio of 7.7 Across a 4 Year Time Frame
6Formability Consulting: Cost Benefit Analysis
7. What We Can Do For Your Organization
7
- Identify gaps in your systems and processes with a thorough gap analysis.
- Solve complex forming problems with forming sciences, proven die making tools, and variation
reduction.
- Develop a long term partnership that can save you millions over time with continual optimization.
- Leverage nearly 30 years of industry experience from an expert consulting team.
Manufacturing Engineering Process Optimization
8. Request a Free Consultation With The Phoenix
Group to See the Value We Can Provide For Your
Organization