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Teradyne's Assembly Test Division and MetricStream have formed a strategic alliance combining Teradyne SCE, the industry's leading collaborative manufacturing execution software, with MetricStream's ground-breaking quality management software, Quality Stream. This significant alliance addresses the supply chain execution and quality management needs of the aerospace and defence, automotive, and electronics industries. It provides manufacturers with a powerful combination of tools and services to substantially improve the efficiency of critical manufacturing execution and enterprise quality processes, reducing a manufacturer's cost of goods sold and improving profitability.
"Teradyne's move adds important functionality for manufacturers that rely heavily on supplied parts, such as in the electronics and medical device industries, where internal and external quality processes are tightly intertwined with the manufacturing process", Bill Swanton said in The AMR Research Alert, 9th September 2002.
"Recent AMR Research studies show that opening supplier quality processes, such as corrective action, to direct supplier interaction can reduce defects, corrective action time, and the cost of poor quality by up to 67%".
"Teradyne is a market leader in collaborative manufacturing execution software - they truly provide 360 degree visibility into the factory floor through their innovative market leading, state-of-the-art software and services", said Arvindh Balakrishnan, CEO of MetricStream.
"Their solution, coupled with MetricStream's quality management solutions, will lead to a highly proactive, quality driven organization, reducing the cost of quality, improving customer service levels and customer quality, and ensuring higher levels of customer satisfaction at higher profit margins".
"MetricStream provides a leading-edge enterprise quality management system", said Carl McCauley, operations manager for Teradyne's Manufacturing Software group.
"Teradyne's alliance with MetricStream will allow us to deliver enhanced value to our customers by linking their shop floor execution and quality systems together with their suppliers and customers.
This will increase customer responsiveness and improve quality, while streamlining business processes and reducing costs".
Both Teradyne SCE and MetricStream Quality Stream integrate easily with other factory and corporate information systems by using industry standard XML interfaces and provide the lowest total cost of ownership through a 100% browser-based thin-client and a high performance J2EE application server, providing unparalleled modularity, performance, and scalability.
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