Implementing Failure Mode and Effects Analysis (FMEA) during the design process can save products before they fail. FMEA involves thinking through all the possible ways a product might fail before it goes into production and then updating the design to address those potential failures. By systematically identifying and prioritizing these failures using a Risk Priority Number … [Read more...] about Think about your product before you build it
Quality-Cost of Quality
How Scrap and Rework Affect Cost of Quality and OEE
Tracking quality metrics is crucial for continuous improvement, and understanding their interplay can help identify key leverage points for maximum impact. This article explores the relationship between scrap, rework, cost of quality, and Overall Equipment Effectiveness (OEE). OEE is a composite metric that measures availability, performance, and quality, where each element is … [Read more...] about How Scrap and Rework Affect Cost of Quality and OEE
Book Review: FMEA Essentials: A Handbook for Beginners and Practitioners
"FMEA Essentials: A Handbook for Beginners and Practitioners" by Stephen Cole is a comprehensive and accessible guide that demystifies the complexities of Failure Mode and Effects Analysis (FMEA). Whether you are new to FMEA or a seasoned practitioner, this handbook provides a step-by-step approach to effectively understanding and implementing the FMEA process. Cole’s extensive … [Read more...] about Book Review: FMEA Essentials: A Handbook for Beginners and Practitioners
What is COPQ (Cost of Poor Quality)?
The Cost of Poor Quality (COPQ) encapsulates the financial costs of failing to meet production and service delivery standards. These costs are broadly categorized into four types: prevention costs, appraisal costs, internal failure costs, and external failure costs. Prevention costs involve expenditures to prevent defects from occurring, such as training and quality planning. … [Read more...] about What is COPQ (Cost of Poor Quality)?
Results for the 23rd Annual Quality Spending Survey
Quality Magazine's 23rd Annual Spending Study, conducted by Clear Seas Research, found that companies are spending more on artificial intelligence (AI) and automation. According to the survey, there is a notable increase in spending on AI, with 55% of companies planning to raise their investment in 2024. Additionally, 46% of companies currently use automation, while 8% use AI. … [Read more...] about Results for the 23rd Annual Quality Spending Survey
A conceptual framework of quality cost chain in strategic cost management
This study outlines a method employing the concept of quality cost in Strategic Cost Management (SCM). The authors use appraisal, failure, and preventive (AFP) actions to implement SCM as part of their initial analysis of the organizations' internal value chains. The study goes on to relate AFP actions and costs of quality to identify the study's scope. Researchers … [Read more...] about A conceptual framework of quality cost chain in strategic cost management
Are Supply Chains Too Lean?
Supply chains everywhere have become too lean — and not just in auto. This trend was highlighted by pandemic-driven shortages in virtually everything – drugs, medical equipment, construction supplies, even toilet paper. The chip shortage alone is projected to impact global automotive sales by 1.3 million units in 2022. The issues behind these shortages show no signs of … [Read more...] about Are Supply Chains Too Lean?
Improving Quality, Decreasing Costs
Digital transformation initiatives that aim at getting manufacturers to Industry 4.0 have been around a while and will assuredly continue to be with us for quite a while longer. But what can often get lost by manufacturers in the push to digital transformation are the reasons why one would want to undertake this journey in the first place, which in turn should all boil down to … [Read more...] about Improving Quality, Decreasing Costs
Spending is Back: The 21st Annual Quality Spending Survey
It’s time to invest. According to our 21st Annual Quality Spending Survey, respondents are interested in purchasing new equipment, software and services now. Last year at this time, respondents were worried about family members contracting COVID-19 as well as about the current economy. Those fears have declined this year. While respondents plan to invest similar … [Read more...] about Spending is Back: The 21st Annual Quality Spending Survey