How To Create A Risk Heat Map in Excel
We all heard about hot tools and topics in internal audits, heat maps, data analytics, data visualization, big data and many more to mention. However, not many practitioners execute and implement these tools to develop a graphical or visual representation of information and data. We are here to show [...]
The Importance of Supplier Selection for Your Business
Selecting a supplier is a critical process within a business. It depends upon a number of factors such as reliability, reputation, cost, service and value for money. However, thinking strategically really helps in choosing a right supplier for your business. Most suitable suppliers are the ones that supply products [...]
How to Calculate Cost of Poor Quality
Cost of poor quality (COPQ) is described as the cost of flaws in ongoing operation or product. It is the primary economic research that is done for Six Sigma or lean manufacturing. It is utilized to validate inception of a new project. Cost of poor quality includes the cost [...]
What Are the Seven Basic Tools of Quality
Quality tools are helpful in monitoring and management of quality system in an organization. Karou Ishikawa, a Japanese quality guru, was the first one to emphasize on seven basic quality tools and stated 90% of all quality related issues can be solved only by using these basic tools. The [...]
Certificate of Conformance vs Certificate of Analysis
Before comparing the two types of certificates, let's start with a brief look at each of them. Certificate of Conformance (COC) A document certified by a competent authority verifying the fact that the provided goods or service fulfills the essential requirements but does not usually include particular test conditions, [...]
What Is the Effectiveness of Visual Inspection
Visual inspection can also be called as 100% inspection. It is usually adopted to prevent shipping of a non-compliant product. Visual inspection is a method in which the unit or product is inspected with unaided eye either alone or with any aid, on the basis of which specific unit [...]