List the performance improvements that resulted from Veridian's quality initiatives
Veridian's quality initiatives have resulted in several performance improvements, including:
1 . Model homes sold cycle times reduced from 32 to 15 days.
2 . Drafting time on models reduced by more than an hour.
3 . Estimating time on model homes reduced by 32 percent.
4 . Material variance (difference between ordered and required, perhaps due to damage on site) down by 20 percent for lumber, 24 percent for siding and 38 percent for trim.
5 . Paperwork processing reduced by 208 hours per year, with a total estimated savings across Veridian of $200,000 through performance increases by implementing a production scheduler software system called Builder MT.
6 . Person hours down by 200 per year through escrow and warranty process improvements.
7 . Defects cut in half by using 10 defect reduction teams in cooperation with trade partners.
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