What Is The Cost Of Quality And How To Improve It? – PERUZA

Did you know that many manufacturing companies often take into consideration numerous costs – like labor expenses, materials for the manufacturing processes, and costs on various machines that they use in day-to-day work?  

Though, at the same time, those same manufacturers forget about the Costs of Quality. Unfortunately, depending solely on compliance without considering the Cost of Quality might result in a few unexpected costs at best, and significant waste at worst, badly harming the bottom line and damaging brand reputation.

So in this blog article, let’s look at what is the Cost of Quality, why it’s so important to take it into consideration, what defines Costs of Good and Bad Quality, and how to improve them.