The Goodyear Tire & Rubber Company (Goodyear), one of the world’s largest tire companies, strive to build the highest quality tires possible.
The goal is a reflection of Goodyear’s corporate values, embodied in the phrase, “Protect Our Good Name.”
To ensure the highest quality product, the company isolates and mitigates its operational risk factors.
When Goodyear determined the volume and costs of its supplier corrective action requests (CARs) were excessive, it turned to a program that provided supplier communication, material conformance, collaboration, and accountability - Elemica Quality.
Goodyear deployed Elemica Quality to suppliers globally, for both manufactured and outsourced products, across all inventory items, including vendor managed inventory (VMI).
With the business intelligence generated by Elemica Quality, Goodyear was able to reduce the rate of supplier CARs to less than 0.5% of all raw material shipments.
Combining both direct and indirect cost benefits, Goodyear is realizing considerable cost savings every year across the enterprise.
In addition to the financial benefits, having simplified supplier management in an open, collaborative supplier environment has allowed Goodyear to improve reliability and operate more efficient factories.
The implementation of Elemica Quality is allowing Goodyear notable savings in supplier management costs each year.
With the Elemica Quality solution, Goodyear’s factories run more efficiently, remain in compliance, and can more easily and efficiently adapt to changing market conditions.
Goodyear is delivering on its goal of delivering higher quality tires, and, at the same time, enhancing supplier and customer satisfaction.