You read a third party inspection report by reviewing the overall pass or fail verdict, defect totals, and visual photos. Reports categorize issues into critical, major, and minor defects based on strict Acceptable Quality Limit standards. Critical defects render products unusable or unsafe, while major defects affect functionality, and minor defects involve cosmetic flaws. Compare total defect counts against agreed thresholds to determine whether to approve shipment release or require factory rework.