Cost of Quality

Reduce Your Cost of Quality at the Early Stage

Why Prevention Costs are important to your Business?

Business makes less investment in prevention costs, but leads to save huge expenses and loss from internal and external failure costs. Globe Medical Tech can help you pursue operation excellence track at early stage with low cost, but high quality one-stop solutions.

What is Cost of Quality?

The cost of quality (COQ) is the sum of costs incurred in maintaining acceptable quality levels of product or service. These costs include:

  • Prevention Costs

  • Appraisal Costs

  • Internal Failure Costs

  • External Failure Costs

cost of quality associated with medical devices

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