Four Steps of a COQ System Poster   5-page PDF document
$20.00

Four Steps of a COQ System Poster (5-page PDF document) Preview Image
Four Steps of a COQ System Poster (5-page PDF document) Preview Image
Four Steps of a COQ System Poster (5-page PDF document) Preview Image
Flevy is the marketplace for business best practices.
Four Steps of a COQ System Poster (5-page PDF document) Preview Image
Four Steps of a COQ System Poster (5-page PDF document) Preview Image
Four Steps of a COQ System Poster (5-page PDF document) Preview Image
Arrow   Click main image to view in full screen.

Four Steps of a COQ System Poster (PDF)

PDF document + PowerPoint (PPTX) 5 Pages

$20.00
Developed by a seasoned TQM Expert with a proven track record at Siemens, NEC and Mustad, this poster is your key to achieving business excellence through Total Quality Management and Cost Reduction strategies.
Add to Cart
  


Immediate download
Editable with PDF editor
Free lifetime updates

BENEFITS OF THIS PDF DOCUMENT

  1. Reduces quality costs and improves the bottom line.
  2. Improves company culture and employee problem-solving skills.
  3. Serves as a constant reminder of the importance of managing cost and improving quality.

COQ PDF DESCRIPTION

This product (Four Steps of a COQ System Poster) is a 5-page PDF document with a supplemental PowerPoint document, which you can download immediately upon purchase.

The Four Steps of a COQ System poster is a powerful tool for managing cost and improving quality. The Cost of Quality (COQ) methodology provides a practical approach to quantifying the financial impact of the Cost Of Non-Conformance (CONC) and the Cost Of Conformance (COC) which can be used in conjunction with other process improvement initiatives such as Lean, Six Sigma and TQM.

This poster serves as a visual aid for the four essential steps of setting up a measurement system to track COQ: identification, collection, reporting and analysis, and reduction of quality costs. By utilizing this poster, you can prioritize quality improvement opportunities based on their expected financial return, and shift your problem-solving focus from quick fixes to preventing issues before they occur.

The benefits of using the COQ poster are numerous. It improves company culture and employee problem-solving skills, leading to a reduction in quality costs and an improvement in the bottom line. It can also be used to supplement other training materials and serve as a constant reminder of the importance of managing cost and improving quality. Make use of the COQ poster today and take the first step towards a more efficient and effective organization.

The Four Steps of a COQ System includes:

1. Identify COQ Items: Identify quality cost items that contribute to COQ. Focus the program initially on the Cost of Non-Conformance (CONC) items.
2. Collect and Report COQ Data: Collect COQ data and provide monthly status report to the COQ committee for information and evaluation.
3. Analyze COQ Data: Analyze the data carefully and thoroughly and identify opportunities for improvement.
4. Reduce COQ: Improve quality and reduce the COQ of the prioritized items.

By following these steps, businesses can achieve a more efficient and productive organization, improved quality, a reduction in waste, and better employee engagement. The poster provides a clear and concise visual representation of the steps required to implement a COQ measurement system, making it easier for businesses and organizations to achieve their quality improvement goals and reap the rewards associated with this approach.

The COQ poster is available in two distinct themes: a vibrant color scheme and a professional monochrome version. In both formats, the poster comes in a convenient PDF as well as an editable PPTX format, enabling effortless printing on A3/A4-sized paper from standard office copier machines. This versatile resource can be prominently displayed on employee workstations or distributed alongside TQM and COQ training materials.

Furthermore, the COQ poster is an ideal supplement to TQM-related training presentations (e.g. "Reducing the Cost of Quality"). It serves as a valuable takeaway, summarizing the core principles of COQ and reinforcing the key takeaways from your training.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in COQ PDF: Four Steps of a COQ System Poster PDF (PDF) Document, Operational Excellence Consulting


$20.00
Developed by a seasoned TQM Expert with a proven track record at Siemens, NEC and Mustad, this poster is your key to achieving business excellence through Total Quality Management and Cost Reduction strategies.
Add to Cart
  

ABOUT THE AUTHOR

Author image
Additional documents from author: 243
Terms of usage (for all documents from this author)

Operational Excellence Consulting, founded in 2009 by Allan Ung, draws from extensive experience at Microsoft, IBM, and Underwriters Laboratories (UL). Specializing in strategy deployment, customer experience design, and operational excellence, we empower global individuals and organizations to drive transformative growth and innovation. By maximizing ... [read more]

Ask the Author a Question

You must be logged in to contact the author.

Click here to log in Click here register

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Read Customer Testimonials

 
"As a niche strategic consulting firm, Flevy and FlevyPro frameworks and documents are an on-going reference to help us structure our findings and recommendations to our clients as well as improve their clarity, strength, and visual power. For us, it is an invaluable resource to increase our impact and value."

– David Coloma, Consulting Area Manager at Cynertia Consulting
 
"FlevyPro provides business frameworks from many of the global giants in management consulting that allow you to provide best in class solutions for your clients."

– David Harris, Managing Director at Futures Strategy
 
"[Flevy] produces some great work that has been/continues to be of immense help not only to myself, but as I seek to provide professional services to my clients, it gives me a large "tool box" of resources that are critical to provide them with the quality of service and outcomes they are expecting."

– Royston Knowles, Executive with 50+ Years of Board Level Experience
 
"Last Sunday morning, I was diligently working on an important presentation for a client and found myself in need of additional content and suitable templates for various types of graphics. Flevy.com proved to be a treasure trove for both content and design at a reasonable price, considering the time I "

– M. E., Chief Commercial Officer, International Logistics Service Provider
 
"One of the great discoveries that I have made for my business is the Flevy library of training materials.

As a Lean Transformation Expert, I am always making presentations to clients on a variety of topics: Training, Transformation, Total Productive Maintenance, Culture, Coaching, Tools, Leadership Behavior, etc. Flevy "

– Ed Kemmerling, Senior Lean Transformation Expert at PMG
 
"As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor "

– Michael Duff, Managing Director at Change Strategy (UK)
 
"Flevy is now a part of my business routine. I visit Flevy at least 3 times each month.

Flevy has become my preferred learning source, because what it provides is practical, current, and useful in this era where the business world is being rewritten.

In today's environment where there are so "

– Omar HernĂ¡n Montes Parra, CEO at Quantum SFE
 
"If you are looking for great resources to save time with your business presentations, Flevy is truly a value-added resource. Flevy has done all the work for you and we will continue to utilize Flevy as a source to extract up-to-date information and data for our virtual and onsite presentations!"

– Debbi Saffo, President at The NiKhar Group


Your Recently Viewed Documents


Customers Also Like These Documents

Related Management Topics


Cost Reduction Cost Reduction Assessment Cost Management Cost Containment Cost Take-out Cost Cutting Quality Management COQ Quality Management & Assurance Cost of Quality Continuous Improvement TQM Total Quality Management Quality Culture Value Chain Analysis Value Chain Michael Porter's Value Chain Procurement Strategy Sourcing Strategy Strategic Sourcing Operational Excellence Process Improvement Kaizen Business Process Re-engineering Business Process Improvement ISO 9001 Business Resilience Cash Flow Management Organizational Resilience Capital Structure

Receive our FREE presentation on Operational Excellence

This 50-slide presentation provides a high-level introduction to the 4 Building Blocks of Operational Excellence. Achieving OpEx requires the implementation of a Business Execution System that integrates these 4 building blocks.