What do IQC, PQC, OQC and QE mean respectively?

The meanings of IQC, PQC, OQC and QE are as follows:

1, IQC is incoming material quality inspection, which means to confirm and inspect the quality of purchased raw materials, components or products, that is, to conduct sampling inspection on products when suppliers send raw materials or components, and finally make a judgment on whether to accept or return the batch of products.

2.PQC refers to those results that are within the tolerance range, no matter where they are or whether they are close to the target value, but once the measured results exceed the specifications, customer satisfaction will drop sharply like a parabola.

3.OQC is the quality inspection or quality audit and control of products before shipment, which is mainly aimed at packaging status, anti-collision materials, product identification or safety labels, accessories, user manuals or guarantees.

Attach software CD, product performance test report, outer box label, etc. , and conduct a comprehensive inspection and confirmation to ensure that the customer meets the agreed content when receiving the goods, and delivers the goods in a completely standard way.

4.QE has two meanings: quality engineering and quantitative easing.

(1) quality engineer: the staff responsible for the quality assurance function required by the quality management system standards in some organizations that implement the quality management system.

(2) Quantitative easing: Quantitative easing mainly refers to the intervention of the central bank to increase the supply of base money and inject a lot of liquidity into the market by purchasing medium and long-term bonds such as treasury bonds after implementing the policy of zero interest rate or near zero interest rate, which is also simply described as indirect printing money.

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