SlideShare a Scribd company logo
Cost Benefit Analysis
The Phoenix Group’s Formability Team
Partners With an OEM Company To
Drive Cost Savings
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.
79% Decrease in Downtime Cost*
3Formability Consulting: Cost Benefit Analysis
*January 2014 downtime cost compared to September 2017 downtime cost
72% Decrease in Cert Cost*
4Formability Consulting: Cost Benefit Analysis
*January 2014 cert cost compared to September 2017 cert cost
91% Decrease in Scrap Cost*
5Formability Consulting: Cost Benefit Analysis
*January 2014 scrap cost compared to September 2017 scrap cost
Benefit/Cost Ratio of 7.7 Across a 4 Year Time Frame
6Formability Consulting: Cost Benefit Analysis
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
Request a Free Consultation With The Phoenix
Group to See the Value We Can Provide For Your
Organization

More Related Content

Similar to Formability Microsite Resource

ISC Brochure
ISC BrochureISC Brochure
ISC Brochure
Mark Tully
 
Challenges in Creating Professional Services in a Software Development Organi...
Challenges in Creating Professional Services in a Software Development Organi...Challenges in Creating Professional Services in a Software Development Organi...
Challenges in Creating Professional Services in a Software Development Organi...
Jeff Korn
 
6 Sigma - Chapter6
6 Sigma - Chapter66 Sigma - Chapter6
6 Sigma - Chapter6
Jitesh Gaurav
 
The Power of Alliance
The Power of AllianceThe Power of Alliance
The Power of Alliance
Phil Larson
 
Seven Steps for Achieving Sustainable Cost Reduction
Seven Steps for Achieving Sustainable Cost ReductionSeven Steps for Achieving Sustainable Cost Reduction
Seven Steps for Achieving Sustainable Cost Reduction
ScottMadden, Inc.
 
Cost of quality
Cost of qualityCost of quality
Cost of quality
NeetaGaonkar1
 
The Idea Hive Operations Plan Presentation
The Idea Hive Operations Plan PresentationThe Idea Hive Operations Plan Presentation
The Idea Hive Operations Plan Presentation
hillinffx
 
The Total Economic Impact™ Of SAP Hybris Cloud For Customer (Sales) - June 2017
The Total Economic Impact™ Of SAP Hybris Cloud For Customer (Sales) - June 2017The Total Economic Impact™ Of SAP Hybris Cloud For Customer (Sales) - June 2017
The Total Economic Impact™ Of SAP Hybris Cloud For Customer (Sales) - June 2017
Sundae Solutions Co., Ltd.
 
Qlik Procurement Analytics
Qlik  Procurement AnalyticsQlik  Procurement Analytics
Qlik Procurement Analytics
Ferran Garcia Pagans
 
TEI of IBM UrbanCode_Forresterreport
TEI of IBM UrbanCode_ForresterreportTEI of IBM UrbanCode_Forresterreport
TEI of IBM UrbanCode_Forresterreport
Aaron Burgess
 
Strategic Consequences of a Development Balanced Resource Pool
Strategic Consequences of a Development Balanced Resource PoolStrategic Consequences of a Development Balanced Resource Pool
Strategic Consequences of a Development Balanced Resource Pool
Greg Spehar
 
Sigma sdlc
Sigma sdlcSigma sdlc
Sigma sdlc
Jitesh Gaurav
 
Unit 2 Planning_b System Development Initiation and Planning .pdf
Unit 2 Planning_b System Development Initiation and Planning .pdfUnit 2 Planning_b System Development Initiation and Planning .pdf
Unit 2 Planning_b System Development Initiation and Planning .pdf
SuryaBasnet3
 
Cost Management Consulting
Cost Management ConsultingCost Management Consulting
Cost Management Consulting
doman71
 
IRJET- Overview of Value Engineering and Value Analysis
IRJET- Overview of Value Engineering and Value AnalysisIRJET- Overview of Value Engineering and Value Analysis
IRJET- Overview of Value Engineering and Value Analysis
IRJET Journal
 
Getting the Maximum ROI From Your ERP Project and Beyond
Getting the Maximum ROI From Your ERP Project and BeyondGetting the Maximum ROI From Your ERP Project and Beyond
Getting the Maximum ROI From Your ERP Project and Beyond
Jeff Carr
 
PFSweb - Corporate Presentation - September 2014
PFSweb - Corporate Presentation - September 2014PFSweb - Corporate Presentation - September 2014
PFSweb - Corporate Presentation - September 2014
Company Spotlight
 
Optimal Search Engine Marketing
Optimal Search Engine MarketingOptimal Search Engine Marketing
Optimal Search Engine Marketing
Bernd Skiera
 
Cost of quality
Cost of qualityCost of quality
Cost of quality
Hassan Asif
 
Wettemann
WettemannWettemann

Similar to Formability Microsite Resource (20)

ISC Brochure
ISC BrochureISC Brochure
ISC Brochure
 
Challenges in Creating Professional Services in a Software Development Organi...
Challenges in Creating Professional Services in a Software Development Organi...Challenges in Creating Professional Services in a Software Development Organi...
Challenges in Creating Professional Services in a Software Development Organi...
 
6 Sigma - Chapter6
6 Sigma - Chapter66 Sigma - Chapter6
6 Sigma - Chapter6
 
The Power of Alliance
The Power of AllianceThe Power of Alliance
The Power of Alliance
 
Seven Steps for Achieving Sustainable Cost Reduction
Seven Steps for Achieving Sustainable Cost ReductionSeven Steps for Achieving Sustainable Cost Reduction
Seven Steps for Achieving Sustainable Cost Reduction
 
Cost of quality
Cost of qualityCost of quality
Cost of quality
 
The Idea Hive Operations Plan Presentation
The Idea Hive Operations Plan PresentationThe Idea Hive Operations Plan Presentation
The Idea Hive Operations Plan Presentation
 
The Total Economic Impact™ Of SAP Hybris Cloud For Customer (Sales) - June 2017
The Total Economic Impact™ Of SAP Hybris Cloud For Customer (Sales) - June 2017The Total Economic Impact™ Of SAP Hybris Cloud For Customer (Sales) - June 2017
The Total Economic Impact™ Of SAP Hybris Cloud For Customer (Sales) - June 2017
 
Qlik Procurement Analytics
Qlik  Procurement AnalyticsQlik  Procurement Analytics
Qlik Procurement Analytics
 
TEI of IBM UrbanCode_Forresterreport
TEI of IBM UrbanCode_ForresterreportTEI of IBM UrbanCode_Forresterreport
TEI of IBM UrbanCode_Forresterreport
 
Strategic Consequences of a Development Balanced Resource Pool
Strategic Consequences of a Development Balanced Resource PoolStrategic Consequences of a Development Balanced Resource Pool
Strategic Consequences of a Development Balanced Resource Pool
 
Sigma sdlc
Sigma sdlcSigma sdlc
Sigma sdlc
 
Unit 2 Planning_b System Development Initiation and Planning .pdf
Unit 2 Planning_b System Development Initiation and Planning .pdfUnit 2 Planning_b System Development Initiation and Planning .pdf
Unit 2 Planning_b System Development Initiation and Planning .pdf
 
Cost Management Consulting
Cost Management ConsultingCost Management Consulting
Cost Management Consulting
 
IRJET- Overview of Value Engineering and Value Analysis
IRJET- Overview of Value Engineering and Value AnalysisIRJET- Overview of Value Engineering and Value Analysis
IRJET- Overview of Value Engineering and Value Analysis
 
Getting the Maximum ROI From Your ERP Project and Beyond
Getting the Maximum ROI From Your ERP Project and BeyondGetting the Maximum ROI From Your ERP Project and Beyond
Getting the Maximum ROI From Your ERP Project and Beyond
 
PFSweb - Corporate Presentation - September 2014
PFSweb - Corporate Presentation - September 2014PFSweb - Corporate Presentation - September 2014
PFSweb - Corporate Presentation - September 2014
 
Optimal Search Engine Marketing
Optimal Search Engine MarketingOptimal Search Engine Marketing
Optimal Search Engine Marketing
 
Cost of quality
Cost of qualityCost of quality
Cost of quality
 
Wettemann
WettemannWettemann
Wettemann
 

Recently uploaded

原版制作(Exeter毕业证书)埃克塞特大学毕业证完成信一模一样
原版制作(Exeter毕业证书)埃克塞特大学毕业证完成信一模一样原版制作(Exeter毕业证书)埃克塞特大学毕业证完成信一模一样
原版制作(Exeter毕业证书)埃克塞特大学毕业证完成信一模一样
78tq3hi2
 
快速办理(napier毕业证书)英国龙比亚大学毕业证在读证明一模一样
快速办理(napier毕业证书)英国龙比亚大学毕业证在读证明一模一样快速办理(napier毕业证书)英国龙比亚大学毕业证在读证明一模一样
快速办理(napier毕业证书)英国龙比亚大学毕业证在读证明一模一样
78tq3hi2
 
Charging Fueling & Infrastructure (CFI) Program by Kevin Miller
Charging Fueling & Infrastructure (CFI) Program  by Kevin MillerCharging Fueling & Infrastructure (CFI) Program  by Kevin Miller
Charging Fueling & Infrastructure (CFI) Program by Kevin Miller
Forth
 
原版制作(澳洲WSU毕业证书)西悉尼大学毕业证文凭证书一模一样
原版制作(澳洲WSU毕业证书)西悉尼大学毕业证文凭证书一模一样原版制作(澳洲WSU毕业证书)西悉尼大学毕业证文凭证书一模一样
原版制作(澳洲WSU毕业证书)西悉尼大学毕业证文凭证书一模一样
g1inbfro
 
53286592-Global-Entrepreneurship-and-the-Successful-Growth-Strategies-of-Earl...
53286592-Global-Entrepreneurship-and-the-Successful-Growth-Strategies-of-Earl...53286592-Global-Entrepreneurship-and-the-Successful-Growth-Strategies-of-Earl...
53286592-Global-Entrepreneurship-and-the-Successful-Growth-Strategies-of-Earl...
MarynaYurchenko2
 
MODULE ONE PRPC19 Design of Machine Elements- 1 .pdf
MODULE  ONE PRPC19 Design of Machine Elements- 1 .pdfMODULE  ONE PRPC19 Design of Machine Elements- 1 .pdf
MODULE ONE PRPC19 Design of Machine Elements- 1 .pdf
ShanthiniSellamuthu
 
Kaizen SMT_MI_PCBA for Quality Engineerspptx
Kaizen SMT_MI_PCBA for Quality EngineerspptxKaizen SMT_MI_PCBA for Quality Engineerspptx
Kaizen SMT_MI_PCBA for Quality Engineerspptx
vaibhavsrivastava482521
 
Charging Fueling & Infrastructure (CFI) Program Resources by Cat Plein
Charging Fueling & Infrastructure (CFI) Program Resources by Cat PleinCharging Fueling & Infrastructure (CFI) Program Resources by Cat Plein
Charging Fueling & Infrastructure (CFI) Program Resources by Cat Plein
Forth
 
EN Artificial Intelligence by Slidesgo.pptx
EN Artificial Intelligence by Slidesgo.pptxEN Artificial Intelligence by Slidesgo.pptx
EN Artificial Intelligence by Slidesgo.pptx
aichamardi99
 
Expanding Access to Affordable At-Home EV Charging by Vanessa Warheit
Expanding Access to Affordable At-Home EV Charging by Vanessa WarheitExpanding Access to Affordable At-Home EV Charging by Vanessa Warheit
Expanding Access to Affordable At-Home EV Charging by Vanessa Warheit
Forth
 
Catalytic Converter theft prevention - NYC.pptx
Catalytic Converter theft prevention - NYC.pptxCatalytic Converter theft prevention - NYC.pptx
Catalytic Converter theft prevention - NYC.pptx
Blue Star Brothers
 
Hand Gesture Control Robotic Arm using image processing.pptx
Hand Gesture Control Robotic Arm using image processing.pptxHand Gesture Control Robotic Arm using image processing.pptx
Hand Gesture Control Robotic Arm using image processing.pptx
wstatus456
 
RACI Matrix Managed Services on Cloud 08-11-19_AS.pdf
RACI Matrix Managed Services on Cloud 08-11-19_AS.pdfRACI Matrix Managed Services on Cloud 08-11-19_AS.pdf
RACI Matrix Managed Services on Cloud 08-11-19_AS.pdf
xmasmen4u
 
Charging and Fueling Infrastructure Grant: Round 2 by Brandt Hertenstein
Charging and Fueling Infrastructure Grant: Round 2 by Brandt HertensteinCharging and Fueling Infrastructure Grant: Round 2 by Brandt Hertenstein
Charging and Fueling Infrastructure Grant: Round 2 by Brandt Hertenstein
Forth
 
AadiShakti Projects ( Asp Cranes ) Raipur
AadiShakti Projects ( Asp Cranes ) RaipurAadiShakti Projects ( Asp Cranes ) Raipur
AadiShakti Projects ( Asp Cranes ) Raipur
AadiShakti Projects
 
EV Charging at Multifamily Properties by Kevin Donnelly
EV Charging at Multifamily Properties by Kevin DonnellyEV Charging at Multifamily Properties by Kevin Donnelly
EV Charging at Multifamily Properties by Kevin Donnelly
Forth
 
EV Charging at MFH Properties by Whitaker Jamieson
EV Charging at MFH Properties by Whitaker JamiesonEV Charging at MFH Properties by Whitaker Jamieson
EV Charging at MFH Properties by Whitaker Jamieson
Forth
 
Here's Why Every Semi-Truck Should Have ELDs
Here's Why Every Semi-Truck Should Have ELDsHere's Why Every Semi-Truck Should Have ELDs
Here's Why Every Semi-Truck Should Have ELDs
jennifermiller8137
 
一比一原版(Columbia文凭证书)哥伦比亚大学毕业证如何办理
一比一原版(Columbia文凭证书)哥伦比亚大学毕业证如何办理一比一原版(Columbia文凭证书)哥伦比亚大学毕业证如何办理
一比一原版(Columbia文凭证书)哥伦比亚大学毕业证如何办理
afkxen
 
一比一原版(WashU文凭证书)圣路易斯华盛顿大学毕业证如何办理
一比一原版(WashU文凭证书)圣路易斯华盛顿大学毕业证如何办理一比一原版(WashU文凭证书)圣路易斯华盛顿大学毕业证如何办理
一比一原版(WashU文凭证书)圣路易斯华盛顿大学毕业证如何办理
afkxen
 

Recently uploaded (20)

原版制作(Exeter毕业证书)埃克塞特大学毕业证完成信一模一样
原版制作(Exeter毕业证书)埃克塞特大学毕业证完成信一模一样原版制作(Exeter毕业证书)埃克塞特大学毕业证完成信一模一样
原版制作(Exeter毕业证书)埃克塞特大学毕业证完成信一模一样
 
快速办理(napier毕业证书)英国龙比亚大学毕业证在读证明一模一样
快速办理(napier毕业证书)英国龙比亚大学毕业证在读证明一模一样快速办理(napier毕业证书)英国龙比亚大学毕业证在读证明一模一样
快速办理(napier毕业证书)英国龙比亚大学毕业证在读证明一模一样
 
Charging Fueling & Infrastructure (CFI) Program by Kevin Miller
Charging Fueling & Infrastructure (CFI) Program  by Kevin MillerCharging Fueling & Infrastructure (CFI) Program  by Kevin Miller
Charging Fueling & Infrastructure (CFI) Program by Kevin Miller
 
原版制作(澳洲WSU毕业证书)西悉尼大学毕业证文凭证书一模一样
原版制作(澳洲WSU毕业证书)西悉尼大学毕业证文凭证书一模一样原版制作(澳洲WSU毕业证书)西悉尼大学毕业证文凭证书一模一样
原版制作(澳洲WSU毕业证书)西悉尼大学毕业证文凭证书一模一样
 
53286592-Global-Entrepreneurship-and-the-Successful-Growth-Strategies-of-Earl...
53286592-Global-Entrepreneurship-and-the-Successful-Growth-Strategies-of-Earl...53286592-Global-Entrepreneurship-and-the-Successful-Growth-Strategies-of-Earl...
53286592-Global-Entrepreneurship-and-the-Successful-Growth-Strategies-of-Earl...
 
MODULE ONE PRPC19 Design of Machine Elements- 1 .pdf
MODULE  ONE PRPC19 Design of Machine Elements- 1 .pdfMODULE  ONE PRPC19 Design of Machine Elements- 1 .pdf
MODULE ONE PRPC19 Design of Machine Elements- 1 .pdf
 
Kaizen SMT_MI_PCBA for Quality Engineerspptx
Kaizen SMT_MI_PCBA for Quality EngineerspptxKaizen SMT_MI_PCBA for Quality Engineerspptx
Kaizen SMT_MI_PCBA for Quality Engineerspptx
 
Charging Fueling & Infrastructure (CFI) Program Resources by Cat Plein
Charging Fueling & Infrastructure (CFI) Program Resources by Cat PleinCharging Fueling & Infrastructure (CFI) Program Resources by Cat Plein
Charging Fueling & Infrastructure (CFI) Program Resources by Cat Plein
 
EN Artificial Intelligence by Slidesgo.pptx
EN Artificial Intelligence by Slidesgo.pptxEN Artificial Intelligence by Slidesgo.pptx
EN Artificial Intelligence by Slidesgo.pptx
 
Expanding Access to Affordable At-Home EV Charging by Vanessa Warheit
Expanding Access to Affordable At-Home EV Charging by Vanessa WarheitExpanding Access to Affordable At-Home EV Charging by Vanessa Warheit
Expanding Access to Affordable At-Home EV Charging by Vanessa Warheit
 
Catalytic Converter theft prevention - NYC.pptx
Catalytic Converter theft prevention - NYC.pptxCatalytic Converter theft prevention - NYC.pptx
Catalytic Converter theft prevention - NYC.pptx
 
Hand Gesture Control Robotic Arm using image processing.pptx
Hand Gesture Control Robotic Arm using image processing.pptxHand Gesture Control Robotic Arm using image processing.pptx
Hand Gesture Control Robotic Arm using image processing.pptx
 
RACI Matrix Managed Services on Cloud 08-11-19_AS.pdf
RACI Matrix Managed Services on Cloud 08-11-19_AS.pdfRACI Matrix Managed Services on Cloud 08-11-19_AS.pdf
RACI Matrix Managed Services on Cloud 08-11-19_AS.pdf
 
Charging and Fueling Infrastructure Grant: Round 2 by Brandt Hertenstein
Charging and Fueling Infrastructure Grant: Round 2 by Brandt HertensteinCharging and Fueling Infrastructure Grant: Round 2 by Brandt Hertenstein
Charging and Fueling Infrastructure Grant: Round 2 by Brandt Hertenstein
 
AadiShakti Projects ( Asp Cranes ) Raipur
AadiShakti Projects ( Asp Cranes ) RaipurAadiShakti Projects ( Asp Cranes ) Raipur
AadiShakti Projects ( Asp Cranes ) Raipur
 
EV Charging at Multifamily Properties by Kevin Donnelly
EV Charging at Multifamily Properties by Kevin DonnellyEV Charging at Multifamily Properties by Kevin Donnelly
EV Charging at Multifamily Properties by Kevin Donnelly
 
EV Charging at MFH Properties by Whitaker Jamieson
EV Charging at MFH Properties by Whitaker JamiesonEV Charging at MFH Properties by Whitaker Jamieson
EV Charging at MFH Properties by Whitaker Jamieson
 
Here's Why Every Semi-Truck Should Have ELDs
Here's Why Every Semi-Truck Should Have ELDsHere's Why Every Semi-Truck Should Have ELDs
Here's Why Every Semi-Truck Should Have ELDs
 
一比一原版(Columbia文凭证书)哥伦比亚大学毕业证如何办理
一比一原版(Columbia文凭证书)哥伦比亚大学毕业证如何办理一比一原版(Columbia文凭证书)哥伦比亚大学毕业证如何办理
一比一原版(Columbia文凭证书)哥伦比亚大学毕业证如何办理
 
一比一原版(WashU文凭证书)圣路易斯华盛顿大学毕业证如何办理
一比一原版(WashU文凭证书)圣路易斯华盛顿大学毕业证如何办理一比一原版(WashU文凭证书)圣路易斯华盛顿大学毕业证如何办理
一比一原版(WashU文凭证书)圣路易斯华盛顿大学毕业证如何办理
 

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