Why is FMEA cost effective?
Failure mode and effect analysis (FMEA/FMECA) is a powerful reliability tool to improve product or process designs early in the manufacturing process.
The FMEA will ensure this list is complete and in one place. It will also help you to prioritize these issues from the customer’s perspective.
FMEA can help to build your team and improve your communication. Often the contributors are disparate groups, designers, customer quality engineers and manufacturing experts who rarely talk to each other. The FMEA will get them working together as a team. Their ideas will result in focused useful actions
If you have your FMEA up to date and stored in an easy to use software system then preparing for audits just becomes a bit of sanity checking The use of FMEA can have a direct impact on the top and bottom line of the balance sheet. Hard savings and top line benefits are realized by reducing scrap, defects and field failures.
With good communication the overall quality improvements realized can result in increased orders and new customers. Broadening the use of FMEA to other business processes for example process transfer will reduce errors and save time. Communicating your success to your customers can bring extra business. FMEA will be come an integral part of your business and will play an essential role in improving customer satisfaction
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