Total Cost of Quality is the aggregate cost of poor quality or product failures- including scrap, rework, and warranty costs- as well as expenses incurred to prevent or resolve quality problems(including the cost of inspection). In calculations for Best Plants entries, do not include costs of normal maintenance, quality training, or quality-related equipment upgrades.
Get in touch and speak with a Visual Management Specialist to answer any questions you may have on our products, consultancy or business.
Is your business achieving its full potential? Clarity offers a proven approach to help your business achieve its vision. Book now!