Continuous Cost Improvement Process Clause Samples

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Continuous Cost Improvement Process. The timely implementation of the Continuous Cost Improvement Process (CCIP) is a material duty of the Seller. The CCIP is an ongoing, year-after-year plan to achieve cost reductions. The goal is to work together to reduce prices, while maintaining or improving market share, margins, profits, and quality levels, and meeting schedule and other contractual requirements. The implementation of the CCIP requires establishing cost improvement targets, developing and agreeing on a cost improvement plan, implementation of the plan by the Seller, regular review and status reporting with the Procurement Representative, appropriate support from the Procurement Representative, and corrective action as necessary to meet the cost improvement targets. Boeing may assist Seller in this effort in the areas such as Lean Manufacturing, Advanced Quality System, the Accelerated Improvement Workshop (AIW), value engineering and other initiatives. Seller is not limited to the Boeing initiatives and may implement any improvement consistent with the requirements of the orders. Boeing and Seller agree to establish CCIP target price reductions, and delivery and quality performance goals, on or before December 1 of each year for the period of performance of this SBP. Said target price reductions; delivery and quality performance goals shall be set out in Attachment 1A, "Continuous Cost Improvement Goals".
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Continuous Cost Improvement Process. The timely implementation of the Continuous Cost Improvement Process (CCIP) is a material duty of the Seller. The CCIP is an ongoing, year-after-year plan to achieve cost reductions. The goal is to work together to reduce costs in order to reduce Product unit prices in the manner set forth in SBP Section 12.6.2, while maintaining or improving margins, profits, and quality levels, and meeting schedule and other contractual requirements. The implementation of the CCIP requires establishing cost improvement targets, developing and agreeing on a cost improvement plan, implementation of the plan by the Seller, regular review and status reporting with the Procurement Representative, appropriate support from the Procurement Representative, and corrective action as necessary to meet the cost improvement targets. Boeing may assist Seller in areas such as Lean Manufacturing, Advanced Quality System, Accelerated Improvement Workshop (AIW), Value Engineering, packaging cost reduction activities, and other initiatives. Seller is not limited to the Boeing initiatives and may implement any improvement consistent with the requirements of this SBP. Boeing and Seller agree to establish CCIP target cost reductions in order to reduce Product unit prices in the manner set forth in SBP Section 12.6.2, and delivery and quality performance goals, on or before January 1 of each year for the period of performance of this SBP. Said target price reductions; delivery and quality performance goals shall be set out in SBP Attachment 1A, "Continuous Cost Improvement Goals".
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Related to Continuous Cost Improvement Process

  • CONTINUOUS IMPROVEMENT The Supplier shall at all times during the Framework Period comply with its obligations to continually improve the Goods and/or Services and the manner in which it provides the Goods and/or Services as set out in Framework Schedule 12 (Continuous Improvement and Benchmarking).

  • The Performance Improvement Process (a) The Performance Improvement Process will focus on the risks of non- performance and problem-solving. It may include one or more of the following actions: a requirement that the HSP develop and implement an improvement plan that is acceptable to the Funder; the conduct of a Review; an amendment of the HSP’s obligations; an in-year, or year-end, adjustment to the Funding, among other possible means of responding to the Performance Factor or improving performance. (b) Any performance improvement process begun under a prior service accountability agreement that was not completed under the prior agreement will continue under this Agreement. Any performance improvement required by a Funder under a prior service accountability agreement will be deemed to be a requirement of this Agreement until fulfilled or waived by the Funder.

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.

  • Performance Improvement Plan timely and accurate completion of key actions due within the reporting period 100 percent The Supplier will design and develop an improvement plan and agree milestones and deliverables with the Authority 3.2 The Authority may from time to time make changes to the KPIs measured as set out in paragraph 3.1 above and shall issue a replacement version to the Supplier. The Authority shall give notice In Writing of any such change to the KPIs measured and shall specify the date from which the replacement KPIs must be used for future reports. Such date shall be at least thirty (30) calendar days following the date of the notice to the Supplier.

  • Notice to Proceed - Site Improvements The Recipient shall not commence, or cause to be commenced, any site improvements or other work on the Land until the Director has issued a Notice to Proceed to the Recipient. Such Notice to Proceed will not be issued until the Director is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and has completed any land acquisition required by the Project. A Notice to Proceed shall be required for all Project prime contractors or direct procurement initiated by the Recipient following execution of this Agreement.