January 20th 2:00 pm/et

Assessing and Managing Warranty Costs

Long overlooked, warranty operations present an opportunity for improved efficiencies, reduced costs, and increased revenue. Leverage knowledge gleaned from successful warranty processes implemented by other leading businesses with Warranty Week's "Warranty Best Practices" Webinar Series.

The industry's only seminars focused on warranty-related issues will be held monthly and hosted by Warranty Week's Editor, Eric Arnum.

By participating in the sessions you'll meet the industry experts, learn from other's success, and hear what works when it comes to best warranty practices.
Future Events:
02/17 - Warranty: Cost vs. Cash
03/16 - Integrating Warranty into            Existing Enterprise Systems
Featuring Jeffrey Nichols of Aether Consulting
Tuesday, January 20th 2:00 pm/et

Click here to view/listen to the presentation and recording of the live session

Driving costs out of operations continues to be a top priority for every competitive business striving to be an industry leader. Since warranty has increased responsibility and profit-impact on the business, it comes as no surprise that it has appeared on the CEO's dashboard. For many businesses the opportunity to reduce costs and increase profit margins is both as clear and as significant as numbers on the balance sheet.

Although warranty costs average under 2 percent across all manufacturers, many companies incur claims rates upwards of 5 percent. Experience shows that by applying effective warranty management processes, these costs can be reduced significantly-50 to 70 percent!

Join host Eric Arnum, Editor of Warranty Week and featured guest, Jeffrey Nichols, of Aether Consulting for a Warranty Week Webinar next Tuesday, January 20th at 2:00pm/et. Attend the "Assessing and Managing Warranty Costs" webinar, and learn about six key cost reduction areas that could help your company shrink warranty costs, including:

  • Preventative engineering activities that build warranty into the engineering
    and product development process
  • Rapid problem elimination: if a manufacturing or design problem exist,
    the faster it is contained, the smaller the contamination
  • Partner cost sharing and chargebacks to suppliers
  • Effective service and administration systems that can process and
    acquire the required information
  • Data and technology
  • Giving warranty a management focus, and making cost reduction part
    of the compensation structure.

Aether Consulting is a management consultancy that helps companies with their warranty cost control programs. Aether's in-depth expertise and processes that have helped automotive manufacturers reduce their warranty costs are highly applicable and transferable to other industries.

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