Manufacturing companies face many challenges to remain competitive, continue to grow, produce high quality products and increase profitability. Pilgrim’s solution provides the bottom-line results that customers demand in the areas of:
- Productivity Improvement
- Cost Reduction
- Quality Improvement
- Overall Compliance
Pilgrim customers are meeting four major challenges with Pilgrim’s help:
1. Productivity and Cost Reduction Challenges
Companies are expected to achieve business results in a competitive market, and provide product quality and safety while streamlining product development and market introduction. In recent surveys, more than 20% of IT spending is dedicated to productivity and cost reduction initiatives across the organization. Impacts from poor quality can result in high costs associated with recalls, litigation, and poor marketplace perception.
Pilgrim’s solution helps reduce the time and cost to manage documents, identify and resolve problems in product development and introduction, manage supplier quality, and help ensure a trained workforce. The Pilgrim Solution also interfaces with a company’s internal systems including ERP/MRP, MES, HR, PLM and PDM to ensure that compliance and quality are part of the entire product lifecycle management. The result is streamlined decision making, reduction in the cost of bringing new products to market and the elimination of numerous product stalls and recalls.
2. IT Compliance Strategy Challenge
More than 14% of global IT spending is for better use/integration of data. Why? Stand alone/silo, home grown, non-integrated and manual systems and data result in a lack of visibility across the enterprise and result in paper intensive processes. This causes critical knowledge to be compartmentalized. The impacts include higher IT administrative and overhead costs, less IT productivity and ineffective resource utilization. Pilgrim’s solution integrates people, processes, products and systems under one integrated enterprise solution. This reduces the number of people in the process by automating paper intensive processes, and provides timely data across the enterprise which previously was not available. The results are better information and lower administrative and overhead cost.
3. Compliance Challenge
Many customer business contracts require manufacturing companies to meet certain quality and compliance guidelines including ISO guidelines and/or customer specific quality requirements as a condition before business contracts are awarded or for business contracts to be fully realized. This requirement ties directly to companies’ revenue growth and market expansion.
Pilgrim’s solution helps identify and resolve customer problems, document SOPs and best practices, identify and resolve non-conformances, calibrate equipment, and audit the company’s compliance. The results are improved customer satisfaction and brand reputation, reduced cost of poor quality and unplanned regulatory/legal actions.
4. Sarbanes-Oxley (SOX) Compliance Challenge
SOX compliance leads to increased administrative time and cost, increased audit fees, and diverts management focus away from strategy and profit improvement. SOX compliance is the greatest challenge for 84% of US multi-nationals. Companies today are spending 28% of SOX funding for technology to improve reporting and reduce annual costs by 10-20%.
Pilgrim’s solution helps companies meet SOX internal control requirements by automating the management of financially related SOPs, internal assessments to prepare for external SOX audits, ensuring that financial and operational staff have the proper governance and SOX training, and by managing non-conformances in financial and IT control processes.
Some of Pilgrim's Manufacturing Customers
- Boeing
- Dura Automotive Systems
- GE
- Lear Corporation
- Siemens
- More customers
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