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POLY-SEAL CORPERATION

POLY-SEAL CORPERATION. February 15, 2000. Project Management. Provides an organization powerful tools to improve the organization’s ability to plan, organize, implement and control activities. Project Management Emerged. Growing demand for complex, sophisticated, customized goods and services

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POLY-SEAL CORPERATION

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  1. POLY-SEAL CORPERATION February 15, 2000

  2. Project Management • Provides an organization powerful tools to improve the organization’s ability to plan, organize, implement and control activities

  3. Project Management Emerged • Growing demand for complex, sophisticated, customized goods and services • Exponential expansion of human knowledge

  4. Project Manager • Integrate all aspects of a project • Ensure proper knowledge and resources are available • Results are produced in a timely, cost effective manner

  5. One time activity Well defined end (results, deliverable) Divided into subtasks Requires careful coordination Control subtasks (timing, cost, performance) Other projects going on at same time. Project

  6. Engineering QIT Mission Our mission is to incorporate the means and techniques that will have us working as a team to successfully turn around business opportunities that outperform the competition in quality, cost performance, and timing, resulting in increased profits.

  7. Completed “Target” Items • All team members have had training in this area • New procedures are in place for quotes • We have taken a different approach to new projects, reducing risk.

  8. Old Quoting Process2 - 3 Weeks Customer Request & Determine Requirements RFQ Log in & Assign Engineer & Quote # Estimate Dwg. Mold Quote, Pc price, Cycle Time, Modeling, Prototype quote, Aux. Equip. Approve By Engineering Director Need Info. NEW REQUIREMENTS Need Info. Approve By Mfg. Manager Marketing Manager for Margin Quote to Salesman Quote to Customer

  9. New Quoting Process1 - 2 Weeks Customer Request RFQ Filled Out Completely Log in & Assign Engineer Estimate Dwg Mold Quote, Pc Price, Cycle Time, Modeling, Prototype Quote, Auxiliary Equipment Marketing Manager for Margin Quote to Salesman Quote to Customer

  10. Next Phase • Streamline development process and procedures • Talk to our customers and vendors and find out what they expect from PS • Investigate new sources • Measure Time

  11. CR Palm & Turn A Project Manager was assigned Team approach taken on the project

  12. Reduce Cost & Development Time Investigate new sources Integrity Mold will build tools built in Portugal at 1/3 traditional costs

  13. Customer Expectations Fully qualify new products Have all specs well defined ie. App. Torque Line trials

  14. Engineering Simulations F.E.A simulations on critical areas Reduce prototype iterations Reduce sample costs

  15. Goals Associated with the Quoting Process • Tracking the status of the Quick Quote Without any support, unable to find out the status of quote. • Robin will be an asset in this area. • Monitoring response time for Engineering Quotes

  16. Quick Quote Time Days

  17. Project Costs 1999

  18. Grand Total Project Cost, 1998

  19. Grand Total, Project Costs 1999

  20. SUMMARY • Project Management, Team Approach • Provides Focus • Clearly Defined Goals/ Target • Cost, Performance, Schedule

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