Understanding Your Cost Per Error

Accounting for errors has been anything but consistent.  Each business typically has its own method for identifying and calculating both the cost of making errors and the cost of correcting them, no matter what system was used to track the errors.

“Understanding Your Cost Per Error” will help you factor the burden rate per employee, transportation process and costs, auditing process and costs, and type of company to begin to determine your cost per error.

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ML_Cost-Per-Error-v2

Understanding Your Cost Per Error