Scrap and Rework Cost Tracking: The Quality Metric That Predicts Profit
Scrap and rework are the most visible financial symptoms of quality problems. Most SMB factories have a rough idea of their scrap rate but do not track the true cost — including rework labour, wasted materials, and production disruption. Tracking these costs properly reveals the real return on quality improvement investment.
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- Scrap and rework are the most visible financial symptoms of quality problems.
- Most SMB factories have a rough idea of their scrap rate but do not track the true cost — including rework labour, wasted materials, and production disruption.
- Tracking these costs properly reveals the real return on quality improvement investment.
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