Maximize Profits

In Profit, Quality, Returns by John LehewLeave a Comment

In Brief  

Increase your profits

  • By lowering expenses
    • Increasing quality lowers return expenses
    • Focus your existing quality resources onto the issues that will matter most and not just the squeeky wheel.  Improve engineering, manufacturing, and quality departmental efficiency.
  • By increasing prices
    • Improving quality increases product value supporting  higher margins
    • Increase the value of your brand in the eyes of your customers with better quality
Grow your business
  • By increasing sales
    • Quality generates word of mouth sales
    • And turns one-time customers into repeat customers

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