Comparing the Costs of Good Quality vs. Poor Quality - ETQ
As for COPQ, the American Society for Quality (ASQ) says this can add up to anywhere from 10 to 20 percent of a company's revenue. If ABC Manufacturing has $100M in annual revenue, poor quality adds up to $20M each year, or almost $77,000 for each day in the workweek. That's $77,000 in wasted time, material, energy and productivity, every ...
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