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About ComplianceQuest
ComplianceQuest is the #1 AI-powered Quality, Risk, and Compliance (QRC) platform that connects Product, Quality, Manufacturing, People, Suppliers and Customers in a single system.
Built on Salesforce, the platform delivers end-to-end visibility, AI-driven intelligence, and enterprise-scale execution, enabling organizations to manage risk, ensure regulatory compliance, and turn quality into a driver of growth.
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At ComplianceQuest, we published a Whitepaper titled ‘Top Five Guiding Principles for a Next-Generation EQMS’. In the paper, we highlight why a truly modern EQMS is a basic requirement to run a data-driven quality management process.
Based on our conversations with both quality leaders and executive management, the only way to improve quality performance is to have a well-documented quality excellence framework and then run a metrics-driven process to ensure the necessary numbers are met.
What you need is an EQMS platform like ComplianceQuest that is scalable and flexible with data at the core.
Almost a decade ago, McKinsey Quarterly published an article titled ‘Lean and Six Sigma – Why can’t we be friends?’. The primary recommendation from the article was this: Enterprises need to clearly choose between Lean or Six Sigma for their “business improvement” process but also take a holistic view that’ll ensure best practices from both approaches come into the picture.
The Lean concept was born from the Toyota Production System (TPS) and focuses on improvements in frontline processes and quality improvements in manufacturing through processes like 5S, Kanban, and Kaizen. It was deeply focused on reducing “wasteful processes” to make systems more efficient.
On the other hand, Six Sigma is more statistical with a clearly defined execution process and usage of analytical models to “reduce variations” in often-repeated processes and therefore in the final output. Motorola and General Electric were pioneers of using Six Sigma to bring in high-levels of efficiency into business operations.
But let’s fast forward to today’s interconnected, complex world.
Quality and operational excellence frameworks like Lean and Six Sigma are simply not enough by themselves.
As this article in Quartz points out, the smart enterprise of the future will need a quality system that is agile, flexible, connected, and data-driven. It should not only drive the execution of quality processes but help future-oriented teams innovate and move forward.
It should empower teams to learn and pick up new skills through training, quickly navigate between supplier, customer, and internal operational dashboards and generate insights from both quality and operational metrics. It should be designed to also keep tabs on supplier quality, ongoing training, agile feedback loop from complaints data, etc.
At ComplianceQuest, we’re building a next-generation EQMS to help our customers embrace Quality Excellence.
To us at ComplianceQuest, it is a quality system that is placed at the core of all your operations – internal, supplier side, customer side, and all other partners/stakeholders. It has to be agile, effective, easy to implement, easy to track, and, most importantly, drive continuous improvement.
Businesses today are facing the challenge of globalization of markets, a widely distributed supply chain, increased competition, demanding customers, and stringent as well as varying regulations in the markets they operate in.
Additionally, they need to gear up for the next phase of digital transformation, taking advantage of emerging technologies like AI and advanced analytics to aid innovation and growth.
Businesses find that their legacy quality management systems are insufficient to cope with the demands from multiple directions. What they need is a versatile, next-generation quality management system not only for improved efficiency and effectiveness but also to enable advancement in functionality to boost innovation, growth, and quality metrics.
In the future, a holistic, truly connected quality system will be at the center of operational excellence.
A Grand View Research of the trends in the global quality management software market shows that this need for “better performance, customer satisfaction, and competitiveness” will drive the next phase of growth in the EQMS sector. It is expected to grow at a CAGR of 9.8 percent in the next five years to touch USD 13.9 billion by 2025 in terms of revenue.
It is important to emphasize here that data needs to be at the core of a next-generation EQMS. In fact, your enterprise EQMS can serve as the gold source of all quality data and key metrics.
The Document Management System in your EQMS will ensure version control of all key documents, the Supplier Management module will drive supplier quality metrics and your EQMS’ dashboard can serve as a tracker of all key metrics like say, supplier quality or customer happiness scores.
A cloud-based system is also designed to be agile, flexible, and scalable, making it easy to drive continuous improvement. It also has the necessary APIs to connect with other ERP and CRM systems, ensuring continuity of processes.
Simply put, a next-generation quality platform fits in well with the rest of your digital ecosystem. It’ll become as mainstream as how companies use an ERP or CRM. Every enterprise will adopt one.
When we use the phrase ‘Core Quality Promise’ we refer to the following three outcomes for our enterprise customers:
Here, we list a few capabilities of the ComplianceQuest product, just to give you a glimpse of how we use cutting-edge technology to deliver on our core quality promise:
In the next few blogs as part of this series, we’ll cover the following topics:
Tick off the following checklist to ensure your enterprise is doing whatever it takes to embrace Quality Excellence
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