E.O.W(End of the Week) Notable Tip: Quality Costs

Happy Friday!

I hope you’ve had a great week.

Today, I want to discuss quality costs and how they affect your bottom line.

“Quality costs can be found in prevention costs; detection costs (auditing), rework, scrap, downtime and material costs. “

Effective organizations know and pay close attention to their quality costs. They invest in prevention plans to ensure quality is always delivered to the customer and to safeguard their profits.

Hope you enjoyed this short Friday tip.

As always, “Success is continuous improvement.”

Published by Notable Office

I am at the best when I use data and my expertise in process improvement to help individuals and small to large businesses reduce process costs, solve process/business problems, and improve efficiency, productivity and customer satisfaction.

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