Developed defect risk assessment for global auto component supplier

Developed defect risk assessment for global auto component supplier

Stout was engaged to develop a pilot program to assess the risk of defect resulting in excess warranty or recall for a global automotive component supplier. Stout’s risk assessment analyzed products from three divisions within the supplier and considered internal and external defect data. The pilot risk assessment was utilized by the client to redevelop the internal risk assessment process to streamline the evaluation of opportunities and potential risks associated with new products and projects, and to eliminate redundancy in client’s current risk assessment process.