Quality is everything. Failure to maintain a high level of quality can cost your organization upwards of $1 million per incident, and currently accounts for up to 40% of all operating costs in manufacturing companies. Non-conformities, inefficient processes and lost opportunities for sales revenue pile up to create an outsized combination of costs that are simultaneously difficult to identify, and even more difficult to address.
Right now, most companies treat quality as a given. If everything goes according to plan, there’s nothing to worry about. If there’s an unexpected disruption, they contract a containment provider to fix it, seeing the whole thing as an unwanted cost center. In reality, quality can be a value-add opportunity.
Proactive digital containment that is driven by a digital-first inspection model can both reduce the risk of such disruptions, and improve overall quality, helping to drive down the overall cost to your organization. Let’s look at five immediate impacts of making a transition to a digital-first approach and how you can start benefiting from such an approach immediately.