Reduce the cost of poor quality and boost your performance by tailoring your training, document management and quality management system to your specific data and processes.
The cost of poor quality extends beyond financial losses - it affects efficiency, compliance, and customer trust. By integrating quality management, document management, and training into a seamless, data-driven system, you can enhance performance and minimize risk.
Impact of Poor Quality
Poor quality impacts your entire value chain, leading to:
- In-process rejections
- Rework & Scrap
- Product recalls
- Warranty claims
- Loss of goodwill
These issues damage reputation, financial performance, and efficiency.
Identifying the root causes and true cost of poor quality is challenging. Incomplete data models, disconnected processes, flawed procedures, and inefficient training contribute to profit erosion. Experts estimate poor quality costs range from 5% to 25% of sales in manufacturing or service companies.
The Benefits of Quality Excellence
While the cost of poor quality can be hidden, the investment in quality is measurable. Quality planning, training, inspections, and laboratory testing demand significant time, effort, qualified employees, and the right digital tools. However, this investment pays off—because a robust Quality Management System forms the foundation of every critical component in the life sciences value chain.
There is a direct and well-established link between investments in quality and reductions in avoidable mistakes. The 1-10-100 rule of data quality (introduced by George Labovitz and Yu Sang Chang in 1992), states that $1 properly spent in defect prevention, is equal to $10 spent in product appraisal and $100 spent on product failures.
Discover Our Solutions
Explore our solutions below and learn how NNIT can help you achieve excellence in quality management.
At NNIT, we combine deep industry expertise with innovative digital solutions to help you optimize your quality processes. Our approach ensures compliance, efficiency, and operational excellence—tailored to your specific business needs.
