Daten aus dem Cache geladen. HOW TO MEASURE THE COST OF QUALITY IN LINE WITH ISO 9001...

HOW TO MEASURE THE COST OF QUALITY IN LINE WITH ISO 9001 PRINCIPLES.

0
2K

If an organisation has either Quality Management System(QMS) or Key Performance Indicators(KPIs), ISO 9001 Certification in Bangalore it’s easy to figure out the quality cost, let it be any sector of operation.

 

COST OF QUALITY-WHY?

Cost of quality is the time and expenses accrued by a business which is necessary for the improvement and recovery of the quality of a product or service. If a company is considered, then, it’s QMS would have certain obligations which would be very easy to be stated but may not be given a clear picture of it’s functioning.

 

WHAT TO CAPTURE FOR THE MEASUREMENT AND HOW?

To measure the true cost of quality within your business, you need to truly understand your product’s life cycle starting from designing to disposal. The next thing is to basically understand what is the budget for the production of a product and what time and cost has actually been assigned by the company for such a product. After all this, it then becomes important to actually find out the costs that could be incurred beyond what has been assigned. The following examples could be referred;

1) There are certain products which fail in the field and require heavy engineering expenses and replacements of few parts as well,

2) Some products require more time for repair or rework, leading to a lot of time spent by your quality team in improving the product,

3) Also there are certain products which tend to fail quite often in their very early stage of usage that too before the expiry of the warranty period provided which could even result in a lot of cost relating to repair or replacement.

Thus, the erosion of profit due to a shorter-than-expected lifecycle can be classified as a true “cost of quality.”

 

WHAT DOES “COST OF QUALITY” TELL YOUR BUSINESS?

Measuring of cost of quality calls for specific knowledge relating to the process, people and products of the company. The ISO 10014 -  ISO 9001 Consultants in Bangalore is Quality Management Standard helps in improving quality as well as to control associated costs.

Establishing “cost of quality” as measurable KPI and driving the improvement accordingly to find the root cause could be very efficient in respect with competitive advantage and also how a business views and takes action against risks.

 

AN EFFECTIVE WAY OF DRIVING IMPROVEMENT FOR BUSINESS AND CUSTOMERS.

 

At the end, resolving root causes for increase in “cost of quality” could obviously be very advantageous in respect to proving as a competitive edge in a positive sense for any company.

By looking at all the reasons everyone is getting how the ISO 9001 certification will helps to employees in your office. If you're looking to get ISO 9001 Certification Services in Bangalore?

Our advice, Go for it

Certvalue is one of the leading ISO 9001 Certification Services in Bangalore to provide quality management system standards to all organizations. We are one of the well recognized firms with experts in every industry sector to implement the standard with 100% track record of success. You can write to us at contact@certvalue.com or visit our official website at ISO Certification Consultant Companies in Oman, Qatar, Jordan, Afghanistan, and India. Certvalue and provide your contact details so that one of our certification experts shall contact you at the earliest to understand your requirements better and provide best available service at market.

Search
Categories
Read More
Games
**Scopri i Prezzi Giocatori FC 25: Valutazioni e Analisi del Mercato**
Scopri i Prezzi Giocatori FC 25: Valutazioni e Analisi del Mercato Nel vibrante e competitivo...
By Minorescu Jone 2024-12-27 06:35:36 0 14
Other
Heart Valve Disease Treatment Global Trends, Share, Industry Size, Growth, Opportunities, and Forecast By 2029
Heart Valve Disease Treatment Market report brings into focus the chief market dynamics of the...
By DBMR NEWS 2023-04-26 19:41:10 0 2K
Other
Intracranial Stenosis Stents Market 2023 Latest Innovations And Challenges By 2030
Intracranial Stenosis Stents Industry The global intracranial stenosis stents...
By Steve Rey 2025-01-06 10:04:38 0 3
Other
Wave Energy Converter Market Regional Overview, Business Status, Latest Technology, Opportunities and Forecast 2030
Anticipated Growth in Revenue: The Wave Energy Converter Market size was valued at...
By Kadambari Jedhe 2024-06-27 09:50:45 0 776
Other
TaC Coated Susceptors Market By Application
Global TaC Coated Susceptors Market, Size, Trends, Business Strategies 2025-2032...
By Kiran Mangavkar 2025-02-13 07:49:43 0 1