Series #5 Bluestreak – The Cost of Quality

Series #5 Bluestreak – The Cost of Quality

Bluestreak

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Is there a brick wall between your business and quality management?

When discussing the cost of quality in your organization, you must also ask… “What is the price of nonconformance?” Many organizations will have true quality-related costs of 15 to 20 percent of sales revenue. Bluestreak’s™ effective Quality Management System can reduce this substantially, thus making a direct contribution to profits.

Cost of Quality, is a term that’s widely used; and, sometimes widely misunderstood. The “cost of quality” isn’t just the price of creating a quality product or service. It’s the cost of NOT creating a quality product or service. Every time work is redone, the cost of quality increases.