![\"image\"](\"http:\/\/community.plm.automation.siemens.com\/legacyfs\/online\/wordpress\/images\/2010\/11\/image.png\")
<\/A><\/P>In most cases these costs and the activities that surround them are separate and distinct processes within the business environment effectively making it difficult to fully quantify TCQ and therefore truly improve or reduce TCQ. But imagine just a 3 or 4% decrease in TCQ. As a percent of revenue, that\u2019s a pretty big impact to your bottom line.
In fact, in a recent Analyst Insight report from Aberdeen<\/A>, they surveyed over 500 manufacturers and found that those who have defined interoperability between PLM and quality management can improve TCQ by 8%! Imagine an 8% impact to your bottom line\u2026 let that soak in for a bit.
This crucial connection as outlined by Aberdeen\u2019s research<\/A> shows an amazing return because product quality is a lifecycle process. When disconnected or only available to a small, discrete audience during new product development and launch processes, product quality can quickly take a back seat to time-to-market and cost containment.
Feel free to read the paper here<\/A>. I\u2019m sure it will open your eyes to the value of a closed loop quality solution which integrates quality information with your product lifecycle management<\/A> processes. While it\u2019s not a trivial task, it is why Siemens PLM Software<\/A> has invested in Lifecycle Quality Management and offers solutions for design, planning and production.
Click here<\/A> for further information on our Quality Management solutions.<\/p>\n","protected":false},"excerpt":{"rendered":"
This is a guest post from my colleague Tim Egloff. He is the product marketing manager for our Quality Management solution. When we talk about a manufacturer\u2019s total cost of quality (TCQ), it\u2019s ge…<\/p>\n","protected":false},"author":61841,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spanish_translation":"","french_translation":"","german_translation":"","italian_translation":"","polish_translation":"","japanese_translation":"","chinese_translation":"","footnotes":""},"categories":[1],"tags":[],"industry":[],"product":[],"coauthors":[],"class_list":["post-1712","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/posts\/1712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/users\/61841"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/comments?post=1712"}],"version-history":[{"count":1,"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/posts\/1712\/revisions"}],"predecessor-version":[{"id":1713,"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/posts\/1712\/revisions\/1713"}],"wp:attachment":[{"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/media?parent=1712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/categories?post=1712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/tags?post=1712"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/industry?post=1712"},{"taxonomy":"product","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/product?post=1712"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.sw.siemens.com\/news\/wp-json\/wp\/v2\/coauthors?post=1712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}