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NYSE Magazine, Proof is in the Test Ed Mueller, CEO of Williams-Sonoma Inc. (WSM), says he started using Multivariable Testing (MVT) roughly 15 years ago to test profit-improvement ideas and now employs it at Williams-Sonoma to look for efficiencies in sales and operations. One example resulted in substantially growing catalogue sales while driving incremental business to its Website and retail chains, he notes. "The beauty of the MVT process is that it uses your own ideas instead of coming up with new ones," he explains. "In a nutshell, it enables you to test many business-improvement solutions simultaneously and discover those solutions that help and those that hurt." Adds Mueller: "I've never had a failure." MVT is a 12-step process that tests ideas that don't require cost increases and sorts them based on level of efficiency, says Charles Holland, PhD., author of Breakthrough Business Results with MVT. ... Request a reprint of the entire article. |
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Since 1982, QualPro has used Multivariable Testing (MVT®) with 1000+ companies to test 100,000+ improvement ideas. MVT® tests between 20 and 40 ideas simultaneously, accurately predicting the bottom-line impact of potential process changes in as short as 12 weeks. Take existing process initiatives, like Six Sigma, to a whole new level. All process improvement tools and approaches (TQM, DOE, Six Sigma, Re-Engineering, SPC) can be enhanced through the use of Multivariable Testing® by QualPro.
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