A national snack company installed a single-system electronic platform that enabled the simultaneous management of five critical areas of quality control. The new system eliminated a paper trail and resulted in a savings of more than $1 million dollars in overfill costs, while also generating a 30% decrease in customer complaint rates during the first year, according to Infinity US.
In addition, another North American company translated a waste reduction effort into a $2.1 million savings—a monetary advantage the company expects to see every year by employing paper-free operations, according to Quality Digest.
Like these firms above, going paperless aids in improvement of quality and identification of manufacturing hiccups that may result in production down-time.
Even the pharmaceutical industry has seen the benefits of implementing an electronic documentation system. A recent Pharmaceutical Online article states that one particular manufacturing execution system “enables pharmaceutical facilities to run manufacturing processes completely paperless at the highest level and to be compliant with international GMP guidelines and FDA regulations.”
And Quality Digest reports that decreasing the paper burden “[increases] accuracy and productivity” and facilitates the ability to monitor and analyze relevant data in real time. The real-time access to production-related information, the publication says, facilitates the ability of employees to analyze results and take action to resolve or eliminate potential issues.
While the environmental impact of paperless manufacturing is obvious, removing hard-copy documentation from the production process also has a multitude of benefits: Reducing paper lessens clutter and storage space. Additionally, electronic systems can make it easier to more quickly retrieve, integrate and process data than hard-copy filing systems, allowing access from any location at any time.
While the potential advantages of implementing such a system are appealing, decision makers should be aware that such software applications do not fare well as add-ons. Implementation of an electronic process requires that a system be completely “natïve” or have what Industry Week refers to as a “native-paperless infrastructure and platform” to ensure optimal functioning.”
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
