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KPI Dashboard with Multi-plant analytics and comparisons

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What is COQ, why measure it?

Cost of Quality (CoQ) is a metric that quantifies the total cost incurred to ensure and maintain the quality of a product or service. It includes costs associated with preventing defects, appraising product quality, and correcting defects (failure costs). Measuring CoQ helps organizations identify areas for improvement, reduce waste, and enhance overall efficiency and profitability by minimizing the costs associated with poor quality.

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