Reducing the Cost of Quality (COQ)   131-slide PPT PowerPoint presentation slide deck (PPTX)
$79.00

Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Log in to unlock full preview.
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Reducing the Cost of Quality (COQ) (131-slide PPT PowerPoint presentation slide deck (PPTX)) Preview Image
Arrow   Click main image to view in full screen.

Reducing the Cost of Quality (COQ) (PowerPoint PPTX Slide Deck)

PowerPoint (PPTX) 131 Slides

Top 1,000 Best Practice $79.00
Developed by a distinguished TQM Expert with a proven track record at Siemens, NEC & Mustad, this comprehensive presentation is your key to achieving business excellence through Total Quality Management and Cost Reduction strategies.
Add to Cart
  


Immediate download
Fully editable PowerPoint
Free lifetime updates

BENEFITS OF DOCUMENT

  1. Provides a framework for reducing costs based on the COQ approach to quality improvement.
  2. Provides guidelines on how to identify, measure and analyze items related to the Cost of Non-Conformance (CONC) and the Cost of Conformance (COC).
  3. Provides a cost management system to support your continuous improvement or Lean Six Sigma program.

DESCRIPTION

This product (Reducing the Cost of Quality [COQ]) is a 131-slide PPT PowerPoint presentation slide deck (PPTX), which you can download immediately upon purchase.

Successful companies know it's far cheaper to prevent problems than to fix them—especially after customers notice. Poor quality increases costs and erodes competitive advantage, while good quality reduces costs and strengthens market position. The key question is: How can a company measure and improve quality performance?

The answer lies in implementing a Cost of Quality (COQ) system.

COQ is a business measurement approach that quantifies the financial impact of delivering—or failing to deliver—quality products and services. It includes both the Cost of Conformance (COC)—the cost of doing things right (e.g., prevention and appraisal), and the Cost of Non-Conformance (CONC)—the cost of doing things wrong (e.g., internal and external failures). Together, these form the PAF model: Prevention, Appraisal, and Failure.

The goal of measuring COQ is to support quality improvement, reduce waste, boost customer satisfaction, and ultimately grow revenue. A key performance indicator is Total COQ as a percentage of Sales Turnover, which allows organizations to track performance and set improvement targets.

The "Reducing the Cost of Quality" training presentation guides you through four essential steps to implement a COQ measurement system: Identification, Collection, Reporting & Analysis, and Cost Reduction.

By using this approach, organizations can prioritize high-impact quality improvements, focus on prevention over correction, and ensure long-term value creation.

LEARNING OBJECTIVES

1. Understand the principles and basic concepts of the Cost of Quality (COQ).
2. Understand how quality improvement reduces costs.
3. Calculate COQ and conduct COQ assessments.
4. Identify COQ cost drivers within your organization.
5. Develop a COQ strategy.
6. Use COQ to drive prevention in your organization.
7. Apply COQ to manage improvement projects in your organization.

CONTENTS

1. Introduction and Basic Concepts of COQ
•  Business case for quality
•  Impact of quality improvement program
•  Link between quality costing and profits
•  Why are quality costs important?
•  Why measure COQ?
•  What is COQ?
•  COQ iceberg model
•  COQ versus Lean & Six Sigma
•  Goal of COQ system
•  Preparation
•  Four phases of a COQ system

2. Step 1: Identifying COQ Items
•  PAF model
•  Prevention costs
•  Appraisal costs
•  Failure costs
•  Internal failure costs
•  External failure costs
•  Eight types of waste
•  CONC checklists
•  Guidelines for identifying COQ items

3. Step 2: Collecting COQ Data
•  Matching accounts with CONC items
•  Quality costing
•  COQ Data source
•  Example calculations of Failure cost, Appraisal cost and Prevention cost
•  COQ scorecard and indices
•  Process flow for COQ reporting
•  Collecting and reporting COQ data
•  Role of Finance
•  Role of line managers/supervisors
•  Practical guidelines

4. Step 3: Analyzing COQ Data
•  Selecting quality cost bases
•  Trends analysis
•  Pareto analysis
•  Variance analysis
•  SMART criteria
•  Set targets for improvement
•  Case study

5. Step 4: Reducing COQ & Improving Quality
•  Reduce COQ through quality improvement programs
•  Tools and techniques
•  System for quality is prevention
•  Some results from industries
•  Sustaining COQ

This presentation includes real-world examples, such as the Tylenol recall, to illustrate the impact of poor quality on a company's bottom line. It also emphasizes the importance of continuous cost management and the role of finance in tracking COQ.

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 Quality Management, Cost Reduction, Cost Reduction Assessment, COQ PowerPoint Slides: Reducing the Cost of Quality (COQ) PowerPoint (PPTX) Presentation Slide Deck, Operational Excellence Consulting


$79.00
Developed by a distinguished TQM Expert with a proven track record at Siemens, NEC & Mustad, this comprehensive presentation 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: 242
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.
Bundle and save! You can save up to % with bundles!

View bundle(s)




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

 
"FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The "

– Roderick Cameron, Founding Partner at SGFE Ltd
 
"I have used FlevyPro for several business applications. It is a great complement to working with expensive consultants. The quality and effectiveness of the tools are of the highest standards."

– Moritz Bernhoerster, Global Sourcing Director at Fortune 500
 
"My FlevyPro subscription provides me with the most popular frameworks and decks in demand in today’s market. They not only augment my existing consulting and coaching offerings and delivery, but also keep me abreast of the latest trends, inspire new products and service offerings for my practice, and educate me "

– Bill Branson, Founder at Strategic Business Architects
 
"As a young consulting firm, requests for input from clients vary and it's sometimes impossible to provide expert solutions across a broad spectrum of requirements. That was before I discovered Flevy.com.

Through subscription to this invaluable site of a plethora of topics that are key and crucial to consulting, I "

– Nishi Singh, Strategist and MD at NSP Consultants
 
"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
 
"I am extremely grateful for the proactiveness and eagerness to help and I would gladly recommend the Flevy team if you are looking for data and toolkits to help you work through business solutions."

– Trevor Booth, Partner, Fast Forward Consulting
 
"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 Hernán Montes Parra, CEO at Quantum SFE
 
"I have found Flevy to be an amazing resource and library of useful presentations for lean sigma, change management and so many other topics. This has reduced the time I need to spend on preparing for my performance consultation. The library is easily accessible and updates are regularly provided. A wealth of great information."

– Cynthia Howard RN, PhD, Executive Coach at Ei Leadership




Save with Bundles

This document is available as part of the following discounted bundle(s):

Save %!
TQM Consultant Toolkit

This bundle contains 3 total documents. See all the documents to the right.

$189.00


Add Bundle & Save


Your Recently Viewed Documents

Customers Also Bought These Documents


Customers Also Like These Documents

Related Management Topics


Cost Reduction Cost Reduction Assessment Cost Management Cost Containment Cost Take-out Cost Cutting Operational Excellence Lean Lean Management Lean Thinking Lean Management/Enterprise Lean Enterprise Growth Strategy Corporate Strategy Quality Management Quality Management & Assurance Bain PowerPoint McKinsey PowerPoint Bain Presentations Bain Frameworks Boston Consulting Group PowerPoint Consulting Frameworks Strategy Frameworks Mercer PowerPoint PwC PowerPoint Bain Templates Accenture Templates McKinsey Templates Boston Consulting Group Templates Accenture PowerPoint Consulting Methodologies Booz Documents PwC Templates Capgemini PowerPoint Strategy Frameworks Compilation Oliver Wyman Presentations Boston Consulting Group Frameworks E&Y PowerPoint Consulting Training IBM Presentations Oliver Wyman Templates Strategy Consulting Frameworks Bain Documents IBM Documents Capgemini Documents Roland Berger PowerPoint A.T. Kearney PowerPoint BCG Documents Accenture Frameworks BCG Frameworks BCG PowerPoint Oliver Wyman PowerPoint Consulting Documents BCG Presentations A.T. Kearney Documents Management Consulting Frameworks BCG Templates E&Y Templates Roland Berger Presentations Capgemini Templates Boston Consulting Group Documents LEK Frameworks Booz Allen Presentations E&Y Frameworks McKinsey Presentations Booz Allen Frameworks A.T. Kearney Frameworks IBM Templates Booz Allen PowerPoint Accenture Documents Accenture Presentations A.T. Kearney Templates McKinsey Frameworks Boston Consulting Group Presentations McKinsey Documents LEK PowerPoint Mercer Templates Roland Berger Frameworks Capgemini Frameworks Booz Presentations Roland Berger Templates Strategy Methodologies PwC Frameworks Booz Allen Templates Strategy& Presentations Booz Templates Management Consulting Training Oliver Wyman Documents Mercer Presentations LEK Documents PwC Presentations LEK Templates Capgemini Presentations IBM PowerPoint E&Y Documents Oliver Wyman Frameworks Booz Allen Documents PwC Documents IBM Frameworks Mercer Frameworks Mercer Documents LEK Presentations Booz PowerPoint Strategy Documents Booz Frameworks A.T. Kearney Presentations Roland Berger Documents Business Frameworks E&Y Presentations Strategy& PowerPoint Deloitte PowerPoint Consulting Process A.T. Kearney Frameworks A.T. Kearney PowerPoint A.T. Kearney Templates A.T. Kearney Documents A.T. Kearney Presentations Gap Analysis PowerPoint Diagrams Compilation Consulting PowerPoint Templates Consulting PowerPoint Diagrams PowerPoint Diagrams Library Strategic Planning Hoshin Hoshin Kanri Strategy Execution Policy Deployment Strategy Deployment Hoshin Planning Strategy Deployment & Execution Process Improvement Business Process Re-engineering Business Process Improvement Process Analysis Process Design Process Analysis and Design Business Process Design Poka Yoke Mistake-Proofing Business Case Development Financial Modeling Business Case Example Business Case Template Capital Budgeting Business Case Sample Business Case Capital Budgeting Business Case Value Chain Analysis Value Chain Michael Porter's Value Chain Porter's Five Forces Porter's Five Forces Analysis Porter's 5 Forces TQM Continuous Improvement COQ Total Quality Management Cost of Quality Procurement Strategy Sourcing Strategy Strategic Sourcing Problem Solving Structured Thinking 8D 8 Disciplines Corrective and Preventative Action CAPA Gemba Walk ISO 9001 Organizational Design Organizational Alignment Organizational Effectiveness Organizational Development 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.