Question

Recommend Five ways in which TQM can reduce cost of quality​

Answer 1

Explanation:

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5 Ways the Quality Management System Reduces the Cost of Quality:

1. Faster Event Resolution. Addressing adverse events before they become systemic issues is key to reducing costs.

2. Streamlined Change Management. In today's economy, the ability to evolve is necessary to keep up with the competition. ...

3. Fewer Operator Errors. ...

4. Continuous Risk Reduction. ..

5. Improving Supplier Quality.

Hope this helps ❤️❤️

Answer 2

Five ways in which TQM can reduce the cost of quality are:

1. Because the raw materials supplied should be of good quality, and an efficient supply chain must be established, therefore there is an important need for effective supplier relationships in TQM. This is only achievable, interestingly, if quality culture is equally common in suppliers' businesses. As a result, TQM advises against selecting a provider solely on the basis of pricing.

2. Product and service design that is simple to manufacture and use and meets or exceeds consumer expectations.

3. Using a system that anticipates faults and then prevents or minimises them.

4. Setting client expectations and criteria is critical to the waste and cost-cutting programmes.

5. You can find solutions to reduce production costs without investing large sums of money if you are looking for innovative strategic thinking. Any organization working in quality management needs to think strategically.

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