The cost of poor quality can be devastating to business: Failed quality control costs manufacturers anywhere between 15–20% of their total profits on average, and as much as 40% for some, the ASQ reveals. Businesses with successful quality programs, on the other hand, can benefit from increased productivity, improved processes, fewer defects, and a greater competitive edge in the market.
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As new technology is rapidly evolving, so too is the nature of quality inspections. RFID tags and edge analytics, in particular, are just two examples of cutting-edge technologies revolutionizing quality control to ensure your products and processes are as good as they can be.
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