
In 1956, Harvard Business Review published a landmark article by economist and business leader Armand Feigenbaum titled “Total Quality Control” that summarized the quality control system he developed during his long tenure at General Electric and gave prominence to many concepts still used in quality management today. One of those concepts was cost of quality measurement.
The goal of a cost of quality measurement system is to provide manufacturing leaders with a tool that can help drive process improvements. By understanding the magnitude and sources of their quality costs, manufacturing executives, managers, engineers, and technicians can more effectively direct their efforts, improvement strategies, and capital budgets toward reducing them.
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