The overall defect rate for mortgages declined across all loan types between the second and third quarters of 2024. But errors related specifically to insurance increased significantly, growing to ...
The national critical defect rate for mortgages fell to 1.16% in the fourth quarter of 2024. That marked the second-lowest level on record, according to a report released Thursday by ACES Quality ...
Fluctuating market conditions, supply chain constraints, labor shortages and a fast-paced global industry are forcing manufacturers of all sizes to reevaluate how they operate. Many have begun to ...
Atal Bansal is the Founder and CEO at Chetu, a global U.S.-based custom software solutions and support services provider. For centuries, quality control inspection has been time-consuming and ...
Quality control in manufacturing has never been easy. Between rising complexity, shrinking defect tolerances, and relentless pressure to cut costs, the old ways just aren’t cutting it anymore. You don ...
Machine vision systems perform high-speed inspections with sub-millimeter precision, capturing images of every product for real-time AI analysis without fatigue or subjective judgment. Physical AI and ...
In 2022, the dominating segment for computer vision (CV) was quality assurance and inspection because of the rapid adoption of process automation in the manufacturing industry. One of the key benefits ...
Business competition pressures manufacturers to produce faster, reduce expenses, and increase efficiencies. But all these requirements run into the quality control issue sooner or later — with the ...