Total Quality Management - CII Institute of Logistics

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Total Quality Management Please note that there are many organizations that are adopting Six Sigma Practices. The list includes among many the following: GE Kodak Allied Signal IBM ABB Texas Instruments Citibank Wipro CII Institute of Logistics 96 Website: www.ciilogistics.com
Total Quality Management Table 5.1 Highlights of 11 Years Journey of Motorola(1986-1997) Culled out from the Company Records Financial Gains Sales (Up 5.05x) $29.8 Billion in 1997 representing an Average Compound Growth Rate of 16.9% Per Year Profits (Up 6.03x) $1.18 Billion in 1997 representing an Average Compound Growth Rate of 19.5% Per Year Stock (Up 7.0x) representing an Average Compound Growth Rate of 21.3% Per Year Breakthrough in Quality Eliminated more than 99.7% of In-Process Defects Reduced Cost of Poor Quality more than 84% on a Per Unit Basis Cumulative Savings in Manufacturing Cost over $13 Billion Employee Productivity increased 3-Fold representing a 12 % Average Per Year Product Reliability in terms of Mean Time Between Two Failures (MBTF) increased 5-10 Fold CII Institute of Logistics 97 Website: www.ciilogistics.com
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