Vital Few LLC
Vital Few LLC
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  • Home
  • About Us
  • Our Work
  • Publications
  • Contact Us
  • Research

Our Work

Strategy

 

  • Led strategic and annual planning for a Fortune 100 insurer for nine years.
  • Created the first comprehensive strategic plan for one of the largest healthcare delivery systems.
  • Generated the quantitative basis of a pricing strategy for a global electronic components company with more than 10,000 active SKUs.
  • Led strategic quality planning for global heavy equipment manufacturer.

Economic Research

 

  • Published measures of upward bias in the estimates of poverty and income inequality.
  • Published new metrics of Medicare financial failure with minimal-necessary remedies.
  • Implemented significantly revised methods for economy-wide price measurement.
  • Published papers on the causes and cycles of inflation.
  • Published papers on the impact of energy policies on employment and prices.
  • Created a fundamental model for labor mobility in manufacturing.
  • Developed improved seasonal adjustment methods, including weekly seasonality.
  • Developed industrial economics framework for the Department of Commerce.
  • Prepared analysis of pay elasticities and retention of senior military officers and senior executives in the federal government.

Statistical Analysis

 

  • Patented a method for complete disaggregation of margins and margin ratios in to sources and causes.
  • Demonstrated optimal control chart configurations with innovative Mote Carlo simulations.
  • Reduced mean squared error of sales forecasts for global electronics company.
  • Published ten papers on measurement errors related to economic indicators.

Quality

 

  • Cut operational deficiencies by 96% in a Fortune 100 company.
  • Published eleven chapters in Juran’s Quality Handbook.
  • Reduced warrantee costs by more than 20% for a heavy equipment manufacturer.
  • Evaluated and coached improvement of quality staffs and systems at major defense contractor and global technology firm.

Six Sigma Improvement

 

  • Improved product yields for food manufacturer by $10 million.
  • Reduced excess days by 31% at a major safety-net hospital.
  • Cut turnaround time by more than one hour at a hospital emergency room.
  • Reduced errors by a factor of ten for a critical set of federal economic indicators

Lean

  • Improved margins by more than 10% in food and beverage product lines for a large vertically integrated manufacturer and distributor.
  • Reduced inventory costs by 15% for a medical device company.
  • Increased productivity by 35 percent through improved techniques and innovative technology in a major federal program.

Quality by Design

  

  • Radically redesigned the claims system for a major insurer to cut errors by 96%, reduce cycle times for most transactions from 12 days to less than one minutes, and lower unit costs by 40%.
  • Assisted biologics company in refining its new product introduction process to achieve 10% savings in total lead time.


Operational Excellence

 

  • Improved customer loyalty from 75% to 92% for Fortune 100 company.
  • Achieved customer retention as high as 98% for the same company.
  • Grew productivity at an 8% compound annual growth rate for eight years.
  • Improved profitability of an electronics manufacturer by more than $50 million per year.

Market Research

 

  • Identified new customer segmentation that improved margins by 10% for an insurance portfolio.
  • Saved $1 million in marketing communications while increasing frequency, reach, and response rates.

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