Monthly Warranty Claims Cost Analysis Report

Track and analyze warranty claims trends, costs, and part categories to identify potential quality issues and cost reduction opportunities while ensuring customer satisfaction.

Report Objective

Monitor monthly warranty claims volume, associated costs, and part-specific trends to identify quality issues, optimize warranty processes, and reduce overall warranty expenses while maintaining customer satisfaction levels.

Warranty Claims Volume and Costs

Analyze monthly trends in warranty claims volume and associated costs

Questions to Consider:

Mar 2024Apr 2024May 2024month240260280300320total_claimstotal_claimsHow are Monthly Warranty Claims Trending?Total claims showing seasonal variations with recent upward trend

  • What is the month-over-month change in claim volume?

  • Are there any seasonal patterns in claim submissions?

  • How does current volume compare to historical averages?

  • How has the average cost per claim changed over time?

  • Are there specific months with unusually high claim costs?

  • What factors might be driving changes in average claim cost?

Mar 2024Apr 2024May 2024month$520.00$540.00$560.00$580.00average_cost_per_claimaverage_cost_per_claimWhat is the Average Cost per Warranty Claim?Average claim costs have increased over the past quarter

Part Category Analysis

Review warranty claims distribution across different part categories

Questions to Consider:

Engine ComponentsTransmissionElectrical SystemsBrakesSuspensionpart_category05001,0001,500sum(claim_count)sum(claim_count)Which Part Categories Generate the Most Claims?Engine components and transmission systems lead in claim volume

  • Which part categories have the highest claim volumes?

  • How does the distribution of claims across categories compare to expectations?

  • Are there any unexpected patterns in claim distribution?

  • Which categories contribute most to total warranty costs?

  • How do repair costs vary across different part categories?

  • Are there opportunities for cost reduction in specific categories?

Engine ComponentsTransmissionElectrical SystemsBrakesSuspensionpart_category$0$200,000$400,000$600,000$800,000sum(total_cost)sum(total_cost)What are the Total Warranty Costs by Part Category?Engine and transmission repairs represent highest warranty costs

Focus Areas and Recommendations