Benefits
from the STI Performance Improvement process
:
- Lower
Cost per Unit of Output
- Shorter
Cycle Times
- Higher
Levels of Product Quality and Customer
Service
- More
Effective Resource Utilization
- Increased
Productivity
- Reduced
Inventory Levels (Raw Materials, Work-In-Process
[WIP] and Finished Goods)
- Competitive
Advantage
- Elimination
of non-value activities
- More
effective Management Systems
- Identification
of cost to produce, cost to maintain, cost
and reasons of failure, etc.
Typically,
the implementation of an STI
Performance Improvement initiative yields
a return on investment measured in weeks
rather than years.
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