Ongoing problems with product quality impacted multiple ends of a business. This was a recent concern for a client of SJE Consulting Ltd.
Product deficiencies left this specialty construction material manufacturer with mounting costs related to scrapped material. With the constant need to re-do orders, it also limited the company’s throughput substantially.
Addressing a technological uncertainty of this magnitude is not always financially feasible.
In our client’s case, their ability to fund such a project would have taken a year or longer — during which time the problem would continue or worsen.
For this reason, we introduced the company to the Industrial Research Assistance Program (IRAP).
This is a government grant we have acquired for many of our clients. It supports small, medium, and large projects, providing a subsidy to help the company pay for both salaries and contractors working on projects with technological uncertainty.