Global Corporate Survey 2024: Quality Management Budgets, Priorities And Tech Preferences

Published 5 August 2024 by Rain Chiang & Bill Pennington &
Environment, Health & Safety Product Sustainability Risk Management Sustainability Management Global Survey

Access this research

Access all Environment, Health & Safety content with a strategic subscription or buy this single report

Buy Subscription

Need help or have a question about this report? Contact us for assistance

Executive Summary

This report analyses the data from the 2024 Verdantix quality management global corporate survey. Our insights will enable quality management executives to benchmark their firms’ budgets, investment priorities and technology preferences relative to their peer group. The report will also guide strategic decision-making and business planning for executives from quality management technology firms. The 2024 Verdantix quality management survey spans 11 influential economies and 12 industries with stringent quality regulations. To compile the survey, we conducted telephone and video interviews in May and June 2024 with 101 senior decision-makers with responsibility for corporate-wide quality management strategies and initiatives.

Table of contents

Summary for decision-makers
Global survey highlights the digital maturity and operational priorities of quality management functions

Annual global survey features 101 quality management executives across 12 industries
Quality management functions prepare for expanding operational responsibilities
Quality management’s inherent ties to supply chain management elevate the importance of sustainable quality practices
There are valuable opportunities to close gaps in quality management digital transformation
Firms leverage QMS software to meet their specific quality management challenges
Businesses are still piloting AI use cases for quality management

Table of figures

Figure 1. Quality management respondents: industry breakdown
Figure 2. Quality management respondents: regional breakdown
Figure 3. Quality management budget plans for 2025
Figure 4. Operational priorities over the next two years
Figure 5. Influence of the quality management function on business processes
Figure 6. Change in quality management budgets in 2025
Figure 7. Prevention of supply chain disruptions: a key consideration for the business case for technology investment
Figure 8. Divisions in progress towards digital transformation amongst quality management functions
Figure 9. Use of disparate tools to manage quality processes
Figure 10. Technology goal priorities of the quality management function over the next two years
Figure 11. QMS software deployment across processes in 2025
Figure 12. Adoption of quality management AI use cases over the next two years
Figure 13. Barriers to successful AI adoption for quality management

About the authors

Rain Chiang

Industry Analyst
Rain is an Industry Analyst in the Verdantix EHSQ practice. His current research agenda focuses on the intersection between EHSQ and ESG priorities. Prior to joining Verdantix, Rain gained consulting experience from internships at EY and P&G. He holds an MA in Economics and Politics from the University of Edinburgh.

Bill Pennington

VP Research, EHS & Risk Management
Bill is the VP Research for the Verdantix EHS & Risk Management practices. His current agenda focuses on understanding the evolution of EHS and enterprise risk management, evaluating emerging strategic risks and benchmarking technology buyers’ budgets, priorities and preferences globally.

Related Reports

Not a Verdantix client yet?

Register with Verdantix for authoritative data, analysis and advice to allow your business to succeed.