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Management Tools Quality, Cost & Delivery (QCD)


Which every company you belong to may be a global company or you’re dealing only to a local company, you must need to concentrate on three things.
v  Quality
v  Cost
v  Delivery
It may seem very simple that only three things need to be concentrate but it’s not easy to concentrate all the time in your business cycle.
It’s very important and basic for any organization, all the company need to start implementing Quality, Cost & Delivery (QCD) it’s a Lean Techniques.
Quality:
How quality is your product, how long it will last with the same quality. It’s not just whether company producing only customer specified but how the quality of the product.
Cost:
How much the product would cost be, how much costumer is willing to pay for it.
Delivery:
How much time will it take to make any product, whether it will reach the costumer in a specific time period?

Current scenario:
Almost all the company are maintaining the quality, cost always an issue if you want quality product, you need to pay more, but it’s not the case in all the products, last delivery customer specified product will take its own course of time other than that products are available in the market.

Conclusion:
According to my knowledge it’s easy to maintain any two things in QCD, but if any company maintain QCD it’s a stepping stone to became a global leader.

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