What is 'quality costs' in SAP QM - Quality Management?

quality costs - Overview

• Component: QM

• Component Name: Quality Management

• Description: Costs associated with planning and assuring product or service quality and carrying out inspection activities that are necessary to achieve the quality requirements. Quality costs include: Prevention costs Appraisal costs Nonconformity costs

quality costs - Details

• 
  Key Concepts: 
  Quality costs are the costs associated with ensuring that products and services meet the required quality standards. Quality costs can include costs related to inspection, testing, rework, scrap, and other activities related to quality assurance. In SAP Quality Management (QM), quality costs are tracked and monitored to ensure that the quality of products and services is maintained. 
  
  How to use it: 
  In SAP QM, quality costs can be tracked and monitored using the Quality Cost Analysis (QCA) module. This module allows users to view and analyze quality costs in real-time, as well as compare them to historical data. The QCA module also provides users with insights into the root causes of quality issues, allowing them to take corrective action. 
  
  Tips & Tricks: 
  When tracking and monitoring quality costs in SAP QM, it is important to ensure that all relevant data is captured accurately. This includes data related to inspection, testing, rework, scrap, and other activities related to quality assurance. Additionally, it is important to ensure that all data is up-to-date and accurate in order to get an accurate picture of the current state of quality costs. 
  
  Related Information: 
  For more information on tracking and monitoring quality costs in SAP QM, please refer to the official SAP documentation on Quality Cost Analysis (QCA). Additionally, there are a number of third-party resources available that provide