Finance & Quality
Working Together, Better by Transforming the way test resource investment decisions are made and supported
The ability to make resource investment decisions quickly & effectively then following up to ensure those investments are used and maintained so they produce the expected return once in service are critical to winning in the 4th Industrial Revolution.
In this new age of competition, Finance and Quality must move beyond being audit functions, simply executing their functional tasks disconnected from how the groups they support operate – because how those functions operate is changing fast.
Working Together, Better means being be part of the team, helping team members make judgments about where to invest, how to support those investments once fielded and keeping track of how those investments are performing.
Finance & Quality Outcomes
Notable Quotes
Notable Features
Enterprise Asset Management Software
Enterprise Asset Management & Repository of test resources and knowledge available across the entire platform including in-depth equipment capabilities, obsolescence and market data.
Accountability Consoles
Accountability consoles enable tracking of process compliance so trust in the processes grows. As trust builds in all engineering processes, so does sharing, collaboration, and speed.
FinanceTRM: Total-Cost Benefits Calculator
Accounting for program benefits is often tedious and time-consuming and for this reason, often doesn't happen effectively. With FinanceTRM financial impacts are calculated real-time from transactions accumulated in the system and compared to goals enable quick judgments about whether course corrections are required.
Optimizing the use of your capital and controlling budgets
Capability for accessing equipment availability, making requests for equipment, assessing equipment inventory risk, planning capacity, optimizing utilization and reducing total-cost-of-ownership
Risk Reduction Console
As risky assets are removed, reliability improves. Knowing historical and planned utilization, specific program use and obsolescence data enable teams to remove those ticking time-bombs.
Utilization Console
This console provides access to summary and asset level utilization detail. Summary detail is used to assess trends relative to goals while drilling down to details enables specific actions to be triggered from the Action Grid for specific assets. e.g. update need dates, centralize, remove from recall.
Capability for planning and coordinating multiple test events with the resources, equipment, and associated calibration and maintenance services required to avoid unforeseen, last-minute conflicts or delays
Lab Management Console
Bring visibility to all key test activities and associated resources enabling proactive attention to actions required by support groups, from maintenance to conformity.
Capacity Console
Using Scireo capacity consoles to be able to assess, plan and optimize capacity required to fulfill your various projects. Drill down to get request level details where required. Use this not only for managing equipment capacity but managing labor as well.
Software for preventing downtime including scheduling of maintenance events in multiple time horizons, documenting maintenance methods, auto-scheduling events, managing service teams, and escalating downtime issues when they occur.
Equipment Performance Console (downtime, rts, MTBS)
Ongoing analysis of equipment performance enables proactive shaping of the inventory to increase uptime, reducing costly delays in investment in un-needed equipment.
Equipment Performance Console (Pareto)
Being able to analyze systemic issues in your engineering test environment and feed a closed-loop improvement process is essential to driving speed and cost reduction.
It is important that all investments produce returns. Working with your team and leverage our FinanceTRM module we give you that real-time visibility.
Everyone knows that poor communication is a big part of why most projects fail to reach full potential. Enabling test teams to make better decisions faster and to have those decisions drive improved quality and return-on-investment is critical to success. Our communication methodology targets specific roles with complete narratives that explain TRM practices, including effects on financial performance and quality.