Get essential insights into investment trends in quality assurance and control with our Quality Annual Spending Study Report—download now to guide your strategic planning and operational improvements.
Why Download this Report?
The Quality Annual Spending Study Report offers critical insights into the investment trends in quality assurance and control. This report provides detailed information on spending for capital equipment, software, and services essential for maintaining and improving quality standards within manufacturing operations. By analyzing year-over-year changes in spending, budget allocation, and professional approaches to quality, this report presents a comprehensive picture of the current state of investment in quality equipment and services. Quality assurance and control professionals will find valuable information on emerging trends that can influence strategic planning and operational improvements.
Who Should Read this Report?
Vice Presidents, Directors, and Managers: In Manufacturing, Quality, Planning, Purchasing, Finance, and Operations who are involved in or influence spending decisions for quality assurance and control.
Quality Assurance and Control Engineers: Seeking to understand the latest trends, technologies, and practices in quality management.
Product Development and R&D Teams: Looking to ensure that quality processes align with the latest industry standards and best practices.
Procurement and Purchasing Professionals: Focused on understanding current and future spending trends on quality equipment, software, and services.
Suppliers and Service Providers: Offering quality assurance tools, equipment, training, and related services, and aiming to better understand client needs and industry standards.
Technology and Automation Experts: Interested in the adoption of advanced quality control technologies and systems within manufacturing operations.
Study Objectives
Analyze Actual vs. Projected Spending: Report on actual versus planned or budgeted spending on quality assurance and control equipment, software, systems, and services.
Assess Changes in Quality Approaches: Identify how quality professionals' approaches to quality assurance and control have evolved over the past year.
Measure Overall Spending: Evaluate overall spending trends on quality equipment and services within the industry.
Identify Budget Allocation Shifts: Examine changes in the allocation of budgets across different categories of quality equipment and services, providing insights into shifting priorities and emerging needs.
Methodology
The data for this report was collected through online surveys completed by active, qualified subscribers to the print, digital, and/or eNewsletter of subscribers of Quality.
Data was collected from September 27 – October 10, 2023
This report also was published in 2022, 2021, 2020, 2019 and 2018. If you have questions or wish to purchase past published reports, please contact us using our contact us form at: https://www.myclearopinioninsightshub.com/contact
Data Analysis
We use SPSS, a statistical software package, to tabulate all closed-ended numerical data, while open-ended questions are either summarized, coded, or included as written by respondents. Data is presented in graphic and tabular formats, detailing the number of respondents for each question. Sample sizes may vary throughout the report due to skip logic, data cleaning, or missing responses, and some totals may not equal 100% due to rounding. Key metrics include the mean (arithmetic average) and median (middle value of responses). Net values, such as top 2 box scores, may not match individual percentages due to rounding. Sample sizes are indicated as 'n=xx,' with sizes of 30 or more considered statistically reliable, while those below 15 are interpreted directionally. Statistical significance is highlighted at a 95% confidence level, showing results that are likely not due to chance. Significant differences between response options are clearly indicated in the report.