- May 25, 2025
- Posted by: daniabasit
- Categories: Insights, Trainings
Businesses operating in today’s competitive market must achieve cost efficiency and unyielding quality standards because they represent essential requirements. Organizations that master the management of both cost efficiency and quality excellence achieve superior customer satisfaction, operational efficiency, and financial growth. Management of Cost, Quality Training leads to cost-effective strategies.
The Hidden Costs of Poor Quality
A company’s financial performance suffers when it serves poor quality. The financial burden of poor quality includes rework and scrap costs, with warranty claims and customer dissatisfaction expenses. Any organization that wants to succeed must understand and effectively manage these costs.
Introducing Velosi’s Management of Cost and Quality Training
Velosi’s Management of Cost and Quality Training is designed to equip professionals with the tools and knowledge to identify, measure, and reduce quality-related costs. By implementing Cost of Quality (CoQ) strategies, participants can drive efficiency and excellence within their organizations.
Course Overview
This comprehensive training covers:
- Introduction to Cost of Quality: Understanding the four categories of CoQ
- Measuring and Analyzing CoQ: Utilizing tools like Pareto Analysis and Fishbone Diagrams to identify hidden costs.
- Strategies to Reduce CoQ: Implementing Quality Management Systems (QMS), Lean, and Six Sigma principles.
- Implementing a CoQ Framework: Setting up tracking systems and aligning CoQ with continuous improvement initiatives.
Who Should Attend The Management of Cost Quality Training?
This course is ideal for but not limited to:
- Quality Managers
- Production & Operations Managers
- Finance & Cost Control Teams
- Continuous Improvement Teams
- Any professional involved in quality initiatives
Why Choose Velosi?
With over 43 years of global experience, our training programs are systematically structured to deliver practical knowledge and skills that can be immediately applied in the workplace to enhance operational excellence and efficiency.
Enroll Now
Take the first step towards mastering cost and quality management. Register for the Management of Cost and Quality Training today and lead efficiency and excellence in your organization.
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