Examples of Improvement Process in a sentence
The timely implementation of the Continuous Cost Improvement Process (CCIP) is a material duty of the Seller.
Recommendations are reviewed by our Continuous Quality Improvement Process (CQIP) steering committee and by our customers to prior to implementation.
Year-over-Year Drivers ($ in millions) 4Q15 3Q15 4Q14 Staff $ 1,481 3% 4 % Ÿ Staff expense increased reflecting severance expense of approximately $55 million recorded in 4Q15 in ongoing support of our Business Improvement Process and an approximately $30 million adjustment related to updated information received from an administrator of our health care benefits, partially offset by the impact of curtailing the U.S. pension plan.
The prices for Antibodies shall be adjusted as of every January 1 of each year of any Term, through Xxxxxx'x annual internal budgeting process, based on forecast changes in volume pursuant to the forecasting process set forth in Section 13, anticipated changes in materials prices and anticipated cost reductions resulting from Xxxxxx'x Value Improvement Process.
The KPI, once defined, will be subject to the Continuous Service Improvement Process in Schedule A-03 Section 6 and will have a cap of ***.
The prices for Manufactured Products shall be adjusted as of January 1 of each year of the Term, through Xxxxxx'x annual internal budgeting process, based on forecast changes in volume pursuant to the forecasting process set forth in Section 13, anticipated changes in materials prices and anticipated cost reductions resulting from Xxxxxx'x Value Improvement Process.
The increase in compensation expenses primarily related to severance in support of our Business Improvement Process • Effective tax rate of 20.1% in 4Q15.
The lower expenses primarily reflect the favorable impact of a stronger U.S. dollar, lower legal and consulting expenses and the benefit of the Business Improvement Process which focuses on reducing structural costs.
Year-over-Year Drivers ($ in millions) 1Q16 4Q15 1Q15 Staff $ 1,459 (1)% (2)% Ÿ Lower expenses in nearly all categories, primarily driven by the favorable impact of a stronger U.S. dollar, lower staff and legal expenses and the benefit of the Business Improvement Process, partially offset by higher distribution and servicing expense.
Among them are Key Performance Indicators (KPIs), which measure performance in each of our plants around the world; Six Sigma, which helps us track and correct variations in our operations; and the Cott Continuous Improvement Process (CIP), which facilitates increased operational efficiency, and contributed more than $8.0 million in savings.