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Evaluating Quality Costs and ROI
on Quality Improvement Initiatives
Consulting Services
The single most important factor in the success
of any quality improvement initiative is management’s leadership.
To solicit that leadership, we often present a series of presentations
to management showing the tools and processes that would benefit
the company. But that approach rarely creates the enthusiasm in
the management team that is being sought. Management is paid to
ensure the financial success of the organization. Speaking the language
of money is critical to gaining the support and participation that
is needed to make quality improvement initiatives succeed.
Quality Techniques can help your organization:
- Develop an effective quality cost process that focuses on the
cost of poor quality and opportunities to reduce that cost. This
is specifically a must for any organization implementing the requirements
of ISO/TS 16949.
- Calculate the return on investment for implementing effective
quality management systems based on ISO 9001:2000, ISO 16949:2002,
and ISO 13485:2003 QMS requirements.
- Calculate return on investment for effective process-based internal
audits and the resulting corrective action.
- Calculate return on investment for any quality improvement initiative:
Six Sigma, quality improvement teams, etc.
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