Cost Overrun
Definition
Rising raw material costs amplify waste from scrap and rework when SPC is not used. Process shifts go undetected without real-time monitoring.
Key Findings
- Financial Impact: AUD 2-5% revenue equivalent in raw material scrap and rework
- Frequency: Per production batch
- Root Cause: Absence of real-time SPC charts and control limits
Why This Matters
The Pitch: Australian plastics processors waste AUD 50,000+ yearly on scrap from unmonitored processes. Automated SPC reduces material waste by 50%.
Affected Stakeholders
Procurement, Production Planner, Financial Controller
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Cost of Poor Quality
Capacity Loss
Cost of Poor Quality
Waste from Trial-and-Error
Capacity Loss from Rework
PPAP-Bottlenecks und Freigabe-Verzögerungen
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