20:30 31.07.2008 | All news from "Intellectual Property Rights"
CIMTEK Wins Award for Innovative Product Quality Management
BOSTON - CIMTEK, the leader in quality lifecycle management
(QLM) solutions, ranks as one of the most innovative supply chain solution providers on the 2008 Supply & Demand Chain Executive 100 – for speeding how electronics manufacturers bring high quality products to market, cost-efficiently.
According to a press release by CIMTEK, the competitive award win recognizes the irresistible advantage that CIMTEK gives to product development teams: ability to weigh design and component trade-offs, and to quantify potential quality compromises to reduce total lifecycle costs, minimize consuming returns and repairs and set more effective warranty strategies.
Magellon, CIMTEK’s Web-based software application, creates a holistic view of product quality, test and process data – with the powerful, analytical insight to speed product innovation, development and launches. It:
- Pinpoints root cause analysis of product and component failures
- Organizes product and component information across functional and geographic supply chain silos including test, shop floor control,
- Creates a central, actionable system of record – integrating test, supplier and component data across the entire product lifecycle – from design and development through return and repair
- Provides on-the-spot predictive decision-making for continual quality improvements – across next-generation products.
“Manufacturers feel the pinch of returns and repairs more acutely than ever, as today’s accounting requirements bring product malfunctions under shareholder scrutiny,” CEO of CIMTEK Stan Smith said.
“The best of the best are getting the quality equation right. We’re proud to play a key supporting role in protecting our customers’ brand equity,” he added.
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