CALCULATION AND ANALYSIS IN THE EFFICIENCY OF APPLYING THE QUALITY MANAGEMENT SYSTEMS WITHIN INDUSTRIAL ORGANIZATIONS
n this article we propose to illustrate the methodology of measuring and assessing the impact of quality systems on the performance of industrial businesses. If in terms of the total quality management system – TQM, the impact may be measured by comparing the business performance with a reference st...
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| Language: | English |
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Nicolae Titulescu University
2015-12-01
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| Series: | Global Economic Observer |
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| Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_3_no_2/geo_2015_vol3_no2_art_014.pdf |
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| author | ANDREI DIAMANDESCU VIRGILIU-LUCIAN IONIȚĂ |
| author_facet | ANDREI DIAMANDESCU VIRGILIU-LUCIAN IONIȚĂ |
| author_sort | ANDREI DIAMANDESCU |
| collection | DOAJ |
| description | n this article we propose to illustrate the methodology of measuring and assessing the impact of quality systems on the performance of industrial businesses. If in terms of the total quality management system – TQM, the impact may be measured by comparing the business performance with a reference standard (for instance ISO 9001), which records the difference compared to the performance prior to implementing the TQM, or, on rarer occasions, by optimizing the costs of quality with the help of econometric models, for the integrated quality improvement system, comprising of the TQM system based on the ISO standards and the Kaizen management system, which we propose and assess within this article, the efficiency/performance will be measured through a methodology based on analyzing the evolution of financial indicators for business performance. This approach was implemented as a result of findings from the businesses where we have been provided with documentation, and where the calculation and assessment of quality system operation efficiency by optimizing costs using the classic or improved econometric models is not approved by the management. |
| format | Article |
| id | doaj-art-d2b9f693f0804f43b10033f7fea94cdf |
| institution | Kabale University |
| issn | 2343-9742 2343-9750 |
| language | English |
| publishDate | 2015-12-01 |
| publisher | Nicolae Titulescu University |
| record_format | Article |
| series | Global Economic Observer |
| spelling | doaj-art-d2b9f693f0804f43b10033f7fea94cdf2025-08-20T03:40:42ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502015-12-0132124131CALCULATION AND ANALYSIS IN THE EFFICIENCY OF APPLYING THE QUALITY MANAGEMENT SYSTEMS WITHIN INDUSTRIAL ORGANIZATIONSANDREI DIAMANDESCU0VIRGILIU-LUCIAN IONIȚĂ1Departament of Finance and Accounting „Nicolae Titulescu” University, Bucharest ROMANIAAgenția pentru Finanțarea Investițiilor Rurale (A.F.I.R), Bucharest ROMANIAn this article we propose to illustrate the methodology of measuring and assessing the impact of quality systems on the performance of industrial businesses. If in terms of the total quality management system – TQM, the impact may be measured by comparing the business performance with a reference standard (for instance ISO 9001), which records the difference compared to the performance prior to implementing the TQM, or, on rarer occasions, by optimizing the costs of quality with the help of econometric models, for the integrated quality improvement system, comprising of the TQM system based on the ISO standards and the Kaizen management system, which we propose and assess within this article, the efficiency/performance will be measured through a methodology based on analyzing the evolution of financial indicators for business performance. This approach was implemented as a result of findings from the businesses where we have been provided with documentation, and where the calculation and assessment of quality system operation efficiency by optimizing costs using the classic or improved econometric models is not approved by the management.http://www.globeco.ro/wp-content/uploads/vol/split/vol_3_no_2/geo_2015_vol3_no2_art_014.pdfquality managementquality systemefficiencyimprovementmethod |
| spellingShingle | ANDREI DIAMANDESCU VIRGILIU-LUCIAN IONIȚĂ CALCULATION AND ANALYSIS IN THE EFFICIENCY OF APPLYING THE QUALITY MANAGEMENT SYSTEMS WITHIN INDUSTRIAL ORGANIZATIONS Global Economic Observer quality management quality system efficiency improvement method |
| title | CALCULATION AND ANALYSIS IN THE EFFICIENCY OF APPLYING THE QUALITY MANAGEMENT SYSTEMS WITHIN INDUSTRIAL ORGANIZATIONS |
| title_full | CALCULATION AND ANALYSIS IN THE EFFICIENCY OF APPLYING THE QUALITY MANAGEMENT SYSTEMS WITHIN INDUSTRIAL ORGANIZATIONS |
| title_fullStr | CALCULATION AND ANALYSIS IN THE EFFICIENCY OF APPLYING THE QUALITY MANAGEMENT SYSTEMS WITHIN INDUSTRIAL ORGANIZATIONS |
| title_full_unstemmed | CALCULATION AND ANALYSIS IN THE EFFICIENCY OF APPLYING THE QUALITY MANAGEMENT SYSTEMS WITHIN INDUSTRIAL ORGANIZATIONS |
| title_short | CALCULATION AND ANALYSIS IN THE EFFICIENCY OF APPLYING THE QUALITY MANAGEMENT SYSTEMS WITHIN INDUSTRIAL ORGANIZATIONS |
| title_sort | calculation and analysis in the efficiency of applying the quality management systems within industrial organizations |
| topic | quality management quality system efficiency improvement method |
| url | http://www.globeco.ro/wp-content/uploads/vol/split/vol_3_no_2/geo_2015_vol3_no2_art_014.pdf |
| work_keys_str_mv | AT andreidiamandescu calculationandanalysisintheefficiencyofapplyingthequalitymanagementsystemswithinindustrialorganizations AT virgiliulucianionita calculationandanalysisintheefficiencyofapplyingthequalitymanagementsystemswithinindustrialorganizations |