There are two types of quality management, quality assurance and quality control. Although they are connected, they are defined differently. Quality assurance tasks and responsibilities typically cover almost every aspect of the quality system in some way, whereas quality control is a subset of QA activities. Furthermore, items in the quality…[Read more]

Quality Assurance (QA) is mostly concerned with quality-improving processes and procedures such as training, documentation, monitoring, and auditing. On the other hand, Quality Control (QC) evaluates the product to detect faults that remain after development. QC professionals identify these flaws using a variety of methods, including software…[Read more]

Quality Control vs Quality Assurance

What is quality assurance vs. quality control? 5 key differences

https://www.qualio.com/blog/quality-assurance-vs-quality-control

Learn about the key quality assurance vs quality control (QA vs QC) differences, and how to apply both disciplines to your operation.

Quality is a standard or measure of how good or poor something is, commonly used to compare similar things to one another.

Reference:
https://dictionary.cambridge.org/us/dictionary/english/quality

Quality is “the focus on the satisfying your customer’s needs.” Therefore, it can be said that the “quality of a product or service” is the extent to which it incorporates features and characteristics that allow the customer to use it. At the same time you are satisfying their needs. 
Quality can also be defined as being fit for the in…[Read more]

Economic Ordering Quantity (EOQ) is used for determining how many supplies to order at once, while Economic Ordering Point (EOP) is the point at which inventories should be reordered.

Reference:
https://getaprofessor.com/wp-content/uploads/2018/03/material-management-notes.docx

*note: I was not able to post during class earlier due to technical…[Read more]

Economic Order Quantity (EOQ) determines the volume and frequency of orders required to satisfy a given level of demand while minimizing the cost per order while Economic Order Point (EOP) ensures that the products are on hand which allows you to serve the order on time and satisfy your customer.

The economic ordering quantity (EOQ) refers to the ideal order quantity a company should purchase in order to minimize its inventory costs, whereas the eonomic ordering point (EOP) refers to the point at which inventory should be re-ordered.

What is Material Management? (Definition, Types and Examples) – TWI

https://www.twi-global.com/technical-knowledge/faqs/what-is-material-management

Materials management is a core function of supply chain management, involving the planning and execution of supply chains to meet the material requirements of a company…

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