IQI - Item Quality Index

As seen in previous topic, the Item Quality Index (IQI) is one of the indices comprising supplier qualification, indicating the supplier's performed delivery situation and Quality Warranty System.

It is suggested that calculation of this index be performed through the following formula:

IQI = IQP x fC (in IQS function)

where:

IQP - is the Product Qualification Index.

fC - is the Supplier Quality Warranty System's Qualification Index Correction Factor.