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The cost of non quality within a high tech enterprise can be quantified as 10% of annual sales or more, perhaps even a lot more!
This Seminar was an opportunity for business managers and professionals engaged in Business and Quality improvements to explore new opportunities and network with peers.
Members of the Club mixed with their peers from Philips as well as others to explore this key issue. The day was kicked off by Paul Morgan, Quality Director Philips UK who talked briefly about the need to improve Quality within most UK organisations and introduced the various speakers to address key aspects of the topic.
Tim Johnson, Business Unit Quality Manager at Philips Semiconductors, and Alec Reader, Sales and Marketing Director at Innos Ltd, then presented on the current approach to Quality improvement in both small and large enterprises today.
Tim explained how the value chain is changing for Philips and they have found their biggest opportunity is working more effectively with the other players in the value chain and understanding their added value. They have found themselves in the part of integrators and coordinators rather than, as previously, suppliers.
Alec and his team described the challenges of introducing formal quality control procedures into an SME in terms of both time of key resources and money. However he clearly explained the need for doing so and introduced the delegates to the Taguchi Loss Function that states: "regardless of specifications, departure from target value is a cost". |