China Manufacturing Decoded

Cost Of Poor Quality and Reliability: “Pay Me Now, or Pay Me Later.” (Feat. Andrew Amirnovin)


Listen Later

In this episode...

Adrian and Sofeast's reliability expert, Andrew Amirnovin, delve into the topic of the cost of poor quality and reliability and why the phrase “Pay Me Now, or Pay Me Later" is so appropriate for when engineers talk about it.

You'll learn what makes up the cost of GOOD quality and reliability and why this amount is actually dwarfed by the cost of POOR quality and reliability. So if manufacturers don't pay now before production to solve and avoid issues, they're certainly going to pay a lot more later to put them right (if you even can by then)!

 

Show Sections

00:00 - Greetings and introducing the topic.

01:34 - What does “Pay Me Now, or Pay Me Later" mean?

03:34 - Why is the cost of poor quality so important?

05:34 - What is the difference between the cost of GOOD and POOR quality & reliability?

07:18 - What drives up prevention costs?

09:31 - What drives up appraisal costs?

18:40 - What drives the cost of internal failures?

22:56 - What drives the cost of external failures?

26:55 - Our recommendation: Pay now!

30:27 - Key takeaways from this episode.

 

Related content...
  • What is Design for Quality (DFQ)?
  • What Is “Quality?”
  • Watch 3 quality experts discuss the cost of quality on our YouTube channel
  • What To Do If You Have A High Product Return Rate? [6-step Process]
  • You NEED to do product qualification BEFORE mass production!
  • How To Do Product Reliability Testing?
  •  

    Get in touch with us
    • Connect with us on LinkedIn
  • Send us a tweet @sofeast
  • Prefer Facebook? Check us out on FB
  • Contact us via Sofeast's contact page
  • Subscribe to our YouTube channel
  •  

    Subscribe to the podcast 

    There are more episodes to come, so remember to subscribe! You can do so in your favorite podcast apps here and don't forget to give us a 5-star rating, please:

    • Apple Podcasts
  • Spotify
  • Stitcher
  • Google Podcasts
  • TuneIn
  • Amazon Podcasts
  • Deezer
  • iHeartRADIO
  • PlayerFM
  • Listen Notes
  • Podcast Addict
  • Podchaser
  • ...more
    View all episodesView all episodes
    Download on the App Store

    China Manufacturing DecodedBy Sofeast

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    4 ratings


    More shows like China Manufacturing Decoded

    View all
    Clarkesworld Magazine by Clarkesworld Magazine

    Clarkesworld Magazine

    1,030 Listeners

    The Urbanist by Monocle

    The Urbanist

    288 Listeners

    Space Rocket History Podcast by Michael Annis

    Space Rocket History Podcast

    632 Listeners

    Capitalism.com with Ryan Daniel Moran by Capitalism.com

    Capitalism.com with Ryan Daniel Moran

    731 Listeners

    The Foreign Desk by Monocle

    The Foreign Desk

    119 Listeners

    Shopify Masters by Shopify

    Shopify Masters

    378 Listeners

    Main Engine Cut Off by Anthony Colangelo

    Main Engine Cut Off

    282 Listeners

    Sinica Podcast by Kaiser Kuo

    Sinica Podcast

    591 Listeners

    ChinaPower by CSIS | Center for Strategic and International Studies

    ChinaPower

    205 Listeners

    EU Confidential by POLITICO

    EU Confidential

    100 Listeners

    Design Better by The Curiosity Department, sponsored by Wix Studio

    Design Better

    320 Listeners

    Inside China by South China Morning Post

    Inside China

    56 Listeners

    Being an Engineer by Aaron Moncur

    Being an Engineer

    53 Listeners

    Chinese Whispers by The Spectator

    Chinese Whispers

    142 Listeners

    State of the World from NPR by NPR

    State of the World from NPR

    393 Listeners