ROI - Return On Investment

GSQA® Generates ROI In Several Areas

GSQA® produces ROI in several areas where savings are generated such as the following:

  1. 1. Reduced plant disruptions: with GSQA’s Advanced Ship Notice (ASN) accompanying the COA®, you know the goods are on the way and they are compliant with your specifications.

  2. 2. Reduced scrap event costs: with GSQA under-performing materials do not make it to production. And if they do, our web-based nonconformance management module allows the supplier to be informed quickly that their materials are not performing as promised and to offer a resolution.

  3. 3. Reduced costs of reporting: less paperwork is in play since data is managed online with standard GSQA reports available and flexible queries with a few clicks.

  4. 4. Reduced costs of communicating docs: online specifications, online COA® data entry, online nonconformance reporting and SCARs (supplier corrective action reports), online certifications, audits and self-audits all offer a GSQA user experience that is more efficient, auditable, and searchable resulting in lower costs than faxing, mailing, and other normal document handling processes.

  5. 5. Reduced costs of managing corporate quality: enterprise-wide views in GSQA of supplier performance by material, by plant, by company provide the corporate quality specialist the ability to see and trend a supplier’s individual performance and performance compared with other regional suppliers or with suppliers of the same material.

  6. 6. Reduced costs of internal quality audits: GSQA’s online certifications and dynamic questionnaires tailored to specific needs per condition, material, plants, governing certification body. Scoring is done automatically saving time and allowing for facility comparisons based on scores for specific certifications, specific regions, etc.

  7. 7. Reduced costs of external quality audits: GSQA’s online certifications and dynamic questionnaires tailored to specific needs per condition, material, plants, governing certification body. Scoring is done automatically saving time and allowing for supplier comparisons based on scores for specific certifications, specific regions, etc.

  8. 8. Reduced costs of laboratory testing: supplier entry of required tests in GSQA drives lower testing costs by statistical control of receiving testing based on supplier performance. Lab Test Results and Skip-lot testing is used to check a supplier’s test results’ consistency.

  9. 9. Reduced safety inventory carrying costs: statistical analysis in GSQA allows suppliers with high-performing spec-compliance to ship more just-in-time lowering spare inventory per plant.

  10. 10. Reduced costs from spec fine-tuning: trending analysis in GSQA provides insights to supplier specification-compliance performance that allows specs to be tightened for more optimal production or loosened for less expensive raw materials and therefore lower priced finished products.

  11. 11. Reduced costs of forensics for recall: instead of recalling everything produced for a safety-conscious period of time, GSQA root-cause analysis allows for focused system searching, tracing, and notification for problem raw materials … from the supplier forward or from the plant to other plants and back to the supplier.

 

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