Quality means “Performance upon expectations” and “fit for functions.”

A product is said to be of good quality if it satisfies the customer’s requirements in terms of performance, grade, durability, appearance, and intended use/purpose, etc.

What is Quality? Quality Definition | Quality Meaning

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Quality is the degree of excellence of something, may it be a characteristic, property, or attribute.

Materials management encompasses the controlling, planning, procuring of materials and ensuring that these are delivered to the right people at the right time. It is a vital function of supply and inventory chain managements.

Materials management is a term to describe the grouping of management functions related to the complete cycle of material flow, from the purchase and internal control of production materials, to the planning and control of work in process, to the warehousing, shipping and distribution of the finished…[Read more]

Mission is what your company is doing at this very moment, while Vision states the things you hope to do in the future.
Reference:
https://www.atlassian.com/work-management/strategic-planning/mission-and-vision#:~:text=Mission%20statements%20vs.%20vision%20statements&text=Your%20mission%20statement%20is%20what,versus%20where%20you're%20going.

Mission statements vs. Vision statements

Your mission statement is what your company is doing right now, while your vision statement is what you hope to achieve in the future – where you are in this moment versus where you’re going.

Source is found in the link below

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