Cost of Quality from Theory to ImplementationAugust 10, 2020 - CA US
Overview: How could one assess the effectiveness of a Quality Management System? The best way to do that, is by using the ultimate transfer unit: MONEY! The purpose of a firm is to make Money, the purpose of a QMS is to enable the firm to produce, and therefore - generate money with minimum losses that are reflected by failures. The principles are known, but it is done? This lecture will give the listener the basic know-how to establish a Cost of Quality mechanism to a company: Easy to gather data, easy to implement and easy support!