Understanding failure cost reduction

Failure costs are something that need to be controlled throughout an entire organization. This is not only in the implementation phase or design phase but the costs and benefits need to be quantified right through from the first design stages. IGG has developed an ingenious methodology for reducing and preventing failure costs a process which is aimed at creating a better alignment between the different parties (supply chain management) and ensures effective, tangible and quantifiable results.

This may seem almost obvious but smart cooperation and coordination offers opportunities and even new technologies such as BIM options utilized correctly are making it increasingly possible to reduce failure. By encouraging this cooperation using the knowledge and experience of all parties within the team an active interplay between the parties ensures an optimization of the process. By bringing together the right people structured the right way can hi-lite potential failure and set in place measures to deal with the problem.

Would you like to reduce failure costs? We have a scheme for simply creating an overview to guide and hi-light potential areas for concern. Please contact our IGG team.