The Costs of Poor Quality run deep.
This iceberg has some clues...
(Click to enlarge image)
The visible (surface) effects of Poor Quality:
- Defects
- Rejects
- Rework
- Overtime
- Idle time
- Scrap
- Warranty claims
- Inspection
- Poor instructions to use
- Unnecessary procedures
- Labor sorting and downtime
- Long cycle time
- Compliant investigation cost
- Lost paperwork
- Inaccurate information
- Improper installations
- Excessive planning
- Product failure in the field
- Time loss due to accidents
- Lack of parts
- Long setups
- Redesign costs due to design deficiencies
- Excess inventory
- Excess production
- Excessive delivery
- Excessive capital
- Late delivery/premium shipment
- Returns
- Lost sales
- Different ways of doing business
- Lost customer loyalty
- Legal costs
- Improvement program costs
- Lost opportunity
- Marginal costs add up.
- By sacrificing quality, you'll pay more time and money.
~ Select and master Total Quality.
It's time... Jamaica!
IT'S EYE OPENING | The Deep Costs of Poor Quality.
IT'S EYE OPENING | The Deep Costs of Poor Quality.
Revised:7/23/2016.
