X strategies organizations can implement through a QMS to mitigate CoPQ
Focusing on the Cost of Poor Quality (CoPQ) is essential for businesses because it directly impacts profitability, customer satisfaction, and operational efficiency. CoPQ includes costs associated with defects, rework, returns, and lost productivity due to quality issues, all of which can erode profits significantly if left unchecked. By understanding and reducing CoPQ, companies save on these avoidable expenses and enhance product quality, leading to fewer customer complaints and returns.