🇦🇺Australia

Cost of Poor Quality

1 verified sources

Definition

Color matching failures cause weighing errors, poor pigment heat resistance, raw material inconsistencies, and incompatibility leading to breakage and reduced melt flow.

Key Findings

  • Financial Impact: AUD 20,000-100,000/year in material waste and rework (2-5% of production costs for mid-sized firm)
  • Frequency: Per production batch or monthly
  • Root Cause: Manual trial-and-error in spectrophotometric readings, formula generation, and testing

Why This Matters

The Pitch: Plastics manufacturers in Australia 🇦🇺 waste AUD 50,000+ annually on rework and scrap from color mismatches. Automation of color matching eliminates this risk.

Affected Stakeholders

Production Manager, Quality Control, Process Engineer

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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