Cost of Poor Quality (COPQ) Management for Excellence

Cost of Poor Quality (COPQ) Management for Excellence, available at $29.99, has an average rating of 4.4, with 15 lectures, based on 32 reviews, and has 123 subscribers.

You will learn about Start from scratch, no prior knowledge of COPQ concept is required Case Study based lectures to understand each element of COPQ Cost of Quality Curve Comprehensive understanding that goes beyond tracking costs of process wastes How to expand COPQ to Total Cost of Quality Generalized Excel Based COPQ Estimation Template that can used for any scenario Detailed Tips to estimate or compute all cost headers This course is ideal for individuals who are Quality Management Professionals or Business Excellence Professionals or Operations Managers or Accounting Professionals or Process Engineers It is particularly useful for Quality Management Professionals or Business Excellence Professionals or Operations Managers or Accounting Professionals or Process Engineers.

Enroll now: Cost of Poor Quality (COPQ) Management for Excellence

Summary

Title: Cost of Poor Quality (COPQ) Management for Excellence

Price: $29.99

Average Rating: 4.4

Number of Lectures: 15

Number of Published Lectures: 15

Number of Curriculum Items: 15

Number of Published Curriculum Objects: 15

Original Price: $27.99

Quality Status: approved

Status: Live

What You Will Learn

Start from scratch, no prior knowledge of COPQ concept is required
Case Study based lectures to understand each element of COPQ
Cost of Quality Curve
Comprehensive understanding that goes beyond tracking costs of process wastes
How to expand COPQ to Total Cost of Quality
Generalized Excel Based COPQ Estimation Template that can used for any scenario
Detailed Tips to estimate or compute all cost headers

Who Should Attend

Quality Management Professionals
Business Excellence Professionals
Operations Managers
Accounting Professionals
Process Engineers

Target Audiences

Quality Management Professionals
Business Excellence Professionals
Operations Managers
Accounting Professionals
Process Engineers

The Cost of Poor Quality (COPQ) is the cost associated with poor quality services and products. 4 key elements of Cost of Poor Quality are External Failure, Internal Failure, Appraisal and Prevention Costs. Some of them are hidden costs of waste (CoW)

As manufacturing and engineering professional, in-depth knowledge of COPQ will help you to :

Accurately compute or estimate COPQ including QC, Training and Service activities
Perform cost-benefit analysis for quality improvements to take informed decisions.
Prioritize efforts to acquire maximum impact on profitability
Build business acumen and present quantifiable business proposals to senior management
To evaluate Problem Solving Efforts, Continuous Improvement (CI) and Lean Initiatives

In all, this Online Training on Cost of Poor Quality training is unique because it provides an effective approach to prioritize problem solving efforts and enable leaders like you in effective decision making so that performance and productivity improves through process & QC improvement. So it is a Business Performance Improvement (BPI) Course. It can be useful to kick-off quality improvement initiative in your organization or to re-prioritize or re-energize your team.

You will learn in this Cost of Poor Quality (COPQ) Online Course, the following:

Start from scratch, no prior knowledge of COPQ concept is required
Example based lectures to understand each element of COPQ
Cost of Quality Curve
Comprehensive understanding that goes beyond tracking costs of process wastes
How to expand COPQ to Total Cost of Quality (TCQ)
Downloadable Generalized Excel Based Cost of Poor Quality (COPQ) Estimation Template that can used for any scenario
Tips to estimate or compute all cost headers
Potential challenges in implementing COPQ and recommendation to overcome
Roll out Approach

Course Curriculum

Chapter 1: Introduction to Cost of Poor Quality

Lecture 1: Introduction to COPQ

Lecture 2: Background and Importance of COPQ

Lecture 3: Elements of COPQ

Lecture 4: Understanding COPQ with real life example – Part I

Lecture 5: Understanding COPQ with real life example – Part II

Chapter 2: Elements of Total Cost of Quality

Lecture 1: Total Cost of Quality

Lecture 2: External Failure Costs In-Depth

Lecture 3: Internal Failure Costs In-Depth

Lecture 4: Appraisal Costs In-Depth

Lecture 5: Prevention Costs In-Depth

Lecture 6: Cascading Effect of COPQ

Chapter 3: Computing Cost of Poor Quality

Lecture 1: Challenges in COPQ Estimation

Lecture 2: COPQ Estimation – An example + Template to download

Lecture 3: Tips for Estimation of Cost Items for COPQ

Lecture 4: Rollout Plan for COPQ at Organization level

Instructors

Nilakantasrinivasan Janakiraman
Customer Experience & Business Transformation Leader

Rating Distribution

1 stars: 0 votes
2 stars: 1 votes
3 stars: 8 votes
4 stars: 8 votes
5 stars: 15 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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