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"Effectiveness and cost of failure mode and effects analysis [FMEA]"

Why is FMEA cost effective?

White Paper: DataLyzer

Failure mode and effect analysis (FMEA/FMECA) is a powerful reliability tool to improve product or process designs early in the manufacturing process. Generating a FMEA can help to build your team and improve your communication, as well as saves considerable cost of future testing and field warranty. It is worth the effort to get the tool implemented in an effective manner.

Taking the right approach to FMEA in industrial manufacturing ensures manufacturer produces superior, defect-free products that consistently exceed customer expectations.

This White Paper looks at a range of cost savings or revenue improvements that FMEA can bring, it also provide insights into:

  • Why FMEA is critical to industrial manufacturing

  • Recommended FMEA process to be followed by a team of product experts

  • The advantages of an expected cost approach to FMEA

  • Broadening the use of FMEA to mitigate the risk within your organization

  • Improving the FMEA process to predict and prevent problems, reduce costs and shorten development times

 

Why is FMEA cost effective?
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What is

What is Information Technology ?

The use of computers, storage, networking and infrastructure to produce, process, manipulate, store, secure and share electronic data is known as information technology. First appearing in an article published in the Harvard Business Review in 1958, IT is considered a subset of ICT (Information communication technology). IT industry has progressed in leaps since its introduction. It has now become so integrated into our lives that it is impossible for us to think of a world without it.

What is Risk Management ?

Risk management is the way of identifying, measuring and dealing with the threats to an organizations capital and earnings. Definition according to ISO 31000 Risk management is the way toward assessing the chance of loss or damage and finding a way to battle the potential Risk.

What is Manufacturing ?

The process of converting raw materials in to well finished goods that can meet consumer’s expectation is known as Manufacturing. Manufacturing is a process where goods are produced in bulk quantities to meet customer’s requirement. Basically manufacturing is an engineering function where raw materials are converted into products that can be used for some particular purpose.

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