What is Cost of Quality?
Cost of Quality is defined as: Total cost of prevention, appraisal, and failure activities. Quantifies the financial impact of quality management efforts.
What data source is used to measure Cost of Quality?
Cost of Quality is typically measured using data from a QMS / Accounting. This system of record provides the transactional and operational data required to calculate and monitor this metric accurately and in real time.
Typical Data SourceQMS / Accounting
Which industries track Cost of Quality?
Cost of Quality is a key performance indicator used across the following sectors:
How does Firehawk Analytics measure Cost of Quality?
Firehawk Analytics connects directly to your QMS / Accounting and delivers a live Cost of Quality dashboard. Configuration is completed within 48 hours — no data analyst required on your team.