How much does quality cost? Most companies would be hard-pressed to translate “quality” into a monetary value – that is, in real dollars and cents.

This white paper proposes that an optimal quality management system (QMS) is the foundation for long-term regulatory compliance, and ultimately, for ensuring market success. Without a solid quality infrastructure, organizations are simply not equipped to face the challenges of the regulatory environment and the vicissitudes of a competitive market. In addition, an optimal system will spare organizations the unnecessary, and often staggering, costs of poor quality.

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