Statistical process control
In addition to reducing waste, SPC can lead to a reduction in the time required to produce the product or service from end-to-end. This is partially due to a reduced likelihood that the final product will have to be reworked, but it may also result from using SPC data to identify bottlenecks, wait times, and other sources of delays within the process. Process cycle time reductions, coupled with improvements in yield, have made SPC a valuable tool from both a cost-reduction and a customer-satisfaction standpoint.