Engineering organizations have multiple challenges to deliver quality products on time, with quality concerns before, during, and even after production being high. Most OEMs attribute shipment delays to production non-conformances. Companies that do not achieve targeted shipments see piling work-in-progress inventory, upset customer, and stressed employees. When a product or process fails to meet the
Friday September 5th marked Teachers’ Day in India. It is a day when we celebrate the joy of having wonderful teachers & mentors, and express our gratitude to them. As the day drew to a close and I was driving home for the weekend, I found myself asking the question – who did I learn
Effective Engine Fleet Management is one of the main driving forces for cost effective operation of any airliners. Operational readiness of the fleet determines the quantum of business in the highly competitive commercial airline segments. On an average, airliners need to spend approximately 10% to 15% of the operation costs into maintenance of the fleet,
QuEST Global was delighted to be part of the speaker panel at the 2014 GE Should Cost Summit held on September 11, 2014 at the GE Global Research Center, Niskayuna, NY, USA. The invitation-only event had over 80 participants from across GE and more than 20 external speakers from leading OEMs (Ford, John Deere), engineering
Stay Competitive – Improve Your Profitability If you are a large engineering or a manufacturing company or an OEM, and if you are increasingly outsourcing your engineering activities, managing the costs associated with your supply base is critical to stay competitive and improve your profits. Following are couple of ways to do so: 1. Reduce
A Local-Global execution model is one where the delivery execution is shared between two different teams located in different geographies and time zones – a team located near the customer site (local) and the other one is located in a lower-cost region (global). Global engineering service providers deploy large teams of local nationals across various
Smooth and efficient functioning of airlines is governed by the commercial aero engine maintenance, repair, and overhaul (MRO) function. The MRO market is estimated to reach $32.1 billion by 2020, growing at a CAGR of 4.6% over the next eight years. Technological advancements for lower emissions and less maintenance; use of advanced materials; growing prevalence
As product users demand more and more product performance value for their money, product cost management becomes imperative. Product cost management begins as early as the conceptualization and design stage in the product life cycle (PLC). About 70% of product cost commitment decisions happen during these initial phases and the rest being decided by the
An established Service Management framework lays emphasis on value creation for the customer, delivering strategic value to the business, providing definition for the business value of a service and will certainly have the customer’s influence on the framework. Following are some of the key benefits to customers when an engineering service provider operates on the
Aerospace is one of the largest consumers of the composites industry. Composites are used considerably in the manufacture of commercial aircraft, military craft, helicopters, business jets, general aviation aircraft and space craft. The constant call for lighter and more efficient aircraft will continue to propel business opportunities for composite material, parts and airframe structure manufacturers