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A good quality system:
a) Provides an excellent
blueprint to define, build, and improve a company's business
processes;
b) Is the key for continuous
improvement and can provide increased efficiency and profitability;
c) Provides consistency
to produce and deliver quality products and services;
d) Reduces or eliminates
scrap, rework, and waste;
e) Helps evaluate and manage
subcontractors and suppliers;
f) Improves employee morale
and productivity; and
g) Contributes to increased
customer satisfaction.
A
good quality system is a great marketing tool in a competitive
industry. More and more companies are requiring their vendors
and suppliers to manage and improve their processes. Whether
the customer requires it or not, establishing and maintaining
a quality system shows a great commitment on a company's part
to meeting the customers' goals and requirements.
Studies
show that if a company's quality system is functioning efficiently,
the company can increase sales revenues by 5%.
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