To be honest it sounds like it would be quite tedious feature, knowing me (and I'm probably not alone on this) I would just recycle everything that isn't the best quality so entire factory only uses the top quality components and products.
The problem with this is, that the costs are quite significant so it's very much worth it to not ignore steps. Also, the last two quality tiers are unlocked later on planets so you'd have to skip it entirely at the first half of the game, and it's quite worth it to have just a handful of better machines on the space platform for example, or a few higher quality productivity modules in the most resource expensive recipes.