Daily Point 2103 - Quality, Cost, Delivery (QCD)

 

The Banking Tutor

                            Daily Point 2103

Quality, Cost, Delivery (QCD)

 

QCD is an approach to management that focuses on assessing production processes with regard to three aspects: quality, cost, and delivery. It seeks to simplify process management and facilitate decision making by providing objective information about each of the three aspects, with an understanding that modifications to any one aspect will also affect the others.

 

Sekhar Pariti

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