Could understanding the true costs of quality save your organization millions?
Poor quality is a drain on your finances. Wabtec demonstrated how effective quality programs can lead to substantial savings, achieving $30 million in annual savings by cutting the cost of poor quality by 15% and boosting productivity by $10-12 million over the past decade.
Unlock these game-changing insights with “Comparing the Cost of Good and Bad Quality.” In this guide, you’ll discover:
Six types of good quality costs, including prevention and appraisal, and why they’re crucial for maintaining high standards.
Nine causes of poor quality costs, from internal and external failures to hidden expenses, and how to avoid them.
A straightforward equation to calculate your organization’s cost of quality and uncover hidden savings.
