Quality

Introduction

Quality

Quality is a term that is often used in various contexts, from product and service evaluations to personal characteristics. It is a concept that is highly valued in many industries and is often associated with excellence, superiority, and high standards. Quality is a crucial aspect of any business or organization as it directly impacts customer satisfaction, brand reputation, and overall success. In this wiki page, we will explore the concept of quality in detail, discussing its definition, importance, and different aspects.

Definition of Quality

The term quality can be defined in various ways depending on the context in which it is used. In general, quality refers to the degree of excellence or superiority of something. It can also be described as the characteristics or features that make something distinct or valuable. In the business world, quality is often associated with meeting or exceeding customer expectations and delivering products or services that are free from defects or errors.

According to the International Organization for Standardization (ISO), quality is defined as "the degree to which a set of inherent characteristics of an object fulfills requirements." This definition emphasizes the importance of meeting specific requirements or standards to achieve quality. It also highlights the fact that quality is not a subjective concept but rather an objective measure that can be evaluated and improved upon.

Importance of Quality

The importance of quality cannot be overstated, especially in today's highly competitive business landscape. Quality is a crucial factor in building and maintaining customer loyalty and satisfaction. When customers receive high-quality products or services, they are more likely to become repeat customers and recommend the business to others. This, in turn, leads to increased sales and revenue for the organization.

Moreover, quality also plays a significant role in building a strong brand reputation. Businesses that consistently deliver high-quality products or services are perceived as reliable, trustworthy, and credible. This can give them a competitive edge over their competitors and attract more customers. On the other hand, poor quality can damage a company's reputation and lead to a loss of customers and revenue.

Furthermore, quality is essential for ensuring customer safety and satisfaction. In industries such as healthcare and food production, quality is critical in preventing harm to consumers. For example, a low-quality medical device can put patients' lives at risk, while contaminated food products can cause serious health issues. Therefore, maintaining high standards of quality is crucial for the well-being of customers.

Dimensions of Quality

Quality can be evaluated based on various dimensions, each of which contributes to the overall perception of quality. These dimensions can vary depending on the industry or context, but some of the most commonly used dimensions of quality include:

Performance

Performance refers to how well a product or service meets its intended purpose or function. It is a crucial dimension of quality as it directly impacts customer satisfaction. For example, a high-performance car is expected to have a powerful engine, excellent handling, and good fuel efficiency.

Reliability

Reliability refers to the consistency and dependability of a product or service. A reliable product or service should function as intended without any unexpected failures or breakdowns. This dimension is particularly important in industries such as healthcare and transportation, where reliability can have a significant impact on people's lives.

Durability

Durability refers to the ability of a product or service to withstand wear and tear and maintain its quality over time. A durable product is expected to have a longer lifespan and require less maintenance, which can save customers time and money in the long run.

Aesthetics

Aesthetics refer to the visual appeal of a product or service. While it may not directly impact the functionality of a product, aesthetics can influence customers' perception of quality. For example, a well-designed and visually appealing smartphone may be perceived as higher quality compared to a plain and unattractive one.

Serviceability

Serviceability refers to the ease of maintenance and repair of a product or service. A high-quality product should be easy to service and repair, reducing downtime and inconvenience for customers. This dimension is particularly important in industries such as aviation, where regular maintenance is crucial for safety.

Quality Management

Quality management is the process of ensuring that products or services meet or exceed customer expectations and comply with relevant standards and regulations. It involves a set of activities and techniques aimed at continuously improving the quality of products or services. Quality management is a crucial aspect of any business or organization, and it is often implemented through a quality management system (QMS).

A QMS is a set of policies, processes, and procedures that define how an organization ensures quality in its products or services. It typically includes quality planning, quality control, quality assurance, and quality improvement. Quality planning involves identifying customer requirements and setting quality objectives and standards. Quality control involves monitoring and inspecting products or services to ensure they meet these standards. Quality assurance involves implementing processes and procedures to prevent defects and errors, while quality improvement involves continuously seeking ways to enhance quality and customer satisfaction.

Quality Standards

Quality standards are a set of guidelines or requirements that products or services must meet to be considered of high quality. These standards are often set by organizations or regulatory bodies to ensure consistency and safety in products or services. Some of the most widely recognized quality standards include ISO 9001 for quality management, ISO 14001 for environmental management, and ISO 27001 for information security management.

Complying with quality standards can bring many benefits to organizations, such as improved efficiency, reduced costs, and increased customer satisfaction. It also demonstrates a commitment to quality and can enhance a company's reputation and credibility.

Key Elements of Quality

Quality

Introduction

Quality is a term that is often used in various contexts, but it generally refers to the degree of excellence or superiority of something. In the business world, quality is a crucial aspect that can determine the success or failure of a company. It is a measure of how well a product or service meets the expectations and requirements of customers. In this wiki, we will explore the concept of quality in detail, including its definition, importance, and various subtopics related to it.

Definition of Quality

The definition of quality can vary depending on the context in which it is used. In general, quality can be defined as the degree to which a product or service meets the expectations and requirements of customers. It is a relative term and can differ from person to person, as each individual may have different expectations and requirements. However, there are some common characteristics that are associated with quality, such as reliability, durability, and performance.

Importance of Quality

The importance of quality cannot be overstated, especially in the business world. A company that consistently delivers high-quality products or services is more likely to gain a competitive advantage and attract loyal customers. Quality also plays a significant role in building a company's reputation and brand image. Customers are more likely to trust and recommend a company that provides high-quality products or services.

Subtopics

  • Quality Management

    Quality management is a set of processes and activities that are designed to ensure that a company's products or services meet the desired level of quality. It involves identifying quality standards, implementing quality control measures, and continuously monitoring and improving the quality of products or services. Quality management is essential for companies to maintain consistency and meet customer expectations.

  • Quality Control

    Quality control is a process that involves checking and testing products or services to ensure that they meet the desired level of quality. It is a crucial aspect of quality management and helps companies identify and correct any defects or issues before the products or services are delivered to customers. Quality control can involve various techniques, such as statistical process control, inspections, and testing.

  • Quality Assurance

    Quality assurance is a proactive approach to ensuring quality. It involves setting quality standards, establishing processes and procedures to meet those standards, and continuously monitoring and improving the quality of products or services. Quality assurance helps companies prevent defects and maintain consistency in the quality of their products or services.

  • Total Quality Management (TQM)

    Total Quality Management is a management approach that focuses on continuously improving the quality of products or services through the involvement of all employees in the organization. It involves a company-wide commitment to quality, customer satisfaction, and continuous improvement. TQM is based on the belief that quality is everyone's responsibility and requires a culture of teamwork and collaboration.

  • Six Sigma

    Six Sigma is a data-driven approach to quality management that aims to reduce defects and improve the quality of products or services. It involves identifying and eliminating the causes of defects and errors in processes through the use of statistical tools and techniques. Six Sigma is based on the principle of continuous improvement and has become a popular quality management methodology in many industries.

  • ISO 9000

    ISO 9000 is a set of international standards that provide guidelines for quality management systems. These standards are designed to help companies ensure that their products or services consistently meet customer requirements and comply with regulatory requirements. ISO 9000 certification is often seen as a mark of quality and can help companies gain a competitive advantage.

  • Quality Control Tools

    Quality control tools are techniques and methods used to monitor and improve the quality of products or services. These tools can help companies identify and analyze quality issues, track performance, and make data-driven decisions to improve quality. Some common quality control tools include Pareto charts, fishbone diagrams, control charts, and scatter diagrams.

  • Quality Standards

    Quality standards are a set of guidelines or requirements that products or services must meet to be considered of high quality. These standards can be set by regulatory bodies, industry associations, or individual companies. Adhering to quality standards can help companies ensure consistency and meet customer expectations.

  • Quality Improvement

    Quality improvement is an ongoing process that involves identifying and implementing changes to improve the quality of products or services. It can involve various techniques, such as process improvement, employee training, and customer feedback. Quality improvement is essential for companies to stay competitive and meet changing customer needs and expectations.

  • Customer Satisfaction

    Customer satisfaction is a crucial aspect of quality. It refers to the degree to which customers are happy with a company's products or services. Meeting customer expectations and providing high-quality products or services is key to achieving customer satisfaction. Satisfied customers are more likely to become repeat customers and recommend a company to others.

Glossary

Term Definition
Quality The degree of excellence or superiority of something
Quality Management A set of processes and activities designed to ensure the desired level of quality in products or services
Quality Control The process of checking and testing products or services to ensure they meet the desired level of quality
Quality Assurance A proactive approach to ensuring quality through setting standards and continuously monitoring and improving processes
Total Quality Management (TQM) A management approach that involves a company-wide commitment to quality, customer satisfaction, and continuous improvement
Six Sigma A data-driven approach to quality management that aims to reduce defects and improve processes
ISO 9000 A set of international standards that provide guidelines for quality management systems
Quality Control Tools Techniques and methods used to monitor and improve the quality of products or services
Quality Standards Guidelines or requirements that products or services must meet to be considered of high quality
Quality Improvement The process of identifying and implementing changes to improve the quality of products or services
Customer Satisfaction The degree to which customers are happy with a company's products or services

Careers in Quality

Careers in Quality

Quality is an essential aspect of any industry or organization. It refers to the degree of excellence or superiority of a product or service. In today's competitive market, maintaining high quality standards is crucial for the success and growth of a business. This has led to an increased demand for professionals with expertise in quality management. In this article, we will explore the various career opportunities available in the field of quality and the skills and qualifications required for these roles.

Quality Manager

A Quality Manager is responsible for ensuring that a company's products or services meet the required quality standards. They develop and implement quality control procedures, conduct audits, and analyze data to identify areas for improvement. A bachelor's degree in a relevant field such as engineering, business, or quality management is usually required for this role. Additionally, a Quality Manager should have strong analytical, problem-solving, and communication skills.

Quality Assurance Specialist

A Quality Assurance Specialist is responsible for monitoring and evaluating the quality of products or services. They develop and implement quality assurance processes, conduct inspections, and review documentation to ensure compliance with quality standards. A bachelor's degree in a relevant field and relevant work experience is typically required for this role. Attention to detail, strong organizational skills, and the ability to work in a team are essential qualities for a Quality Assurance Specialist.

Quality Control Inspector

A Quality Control Inspector is responsible for inspecting products or services to ensure they meet the required quality standards. They use various tools and techniques to identify defects and report any issues to the Quality Manager. A high school diploma or equivalent is usually required for this role, along with relevant training and experience. Attention to detail, good communication skills, and the ability to work independently are important qualities for a Quality Control Inspector.

Quality Engineer

A Quality Engineer is responsible for designing and implementing quality control processes to ensure the production of high-quality products. They work closely with other engineers and production teams to identify and resolve quality issues. A bachelor's degree in engineering or a related field is typically required for this role. Strong problem-solving skills, attention to detail, and knowledge of quality management systems are essential for a Quality Engineer.

Quality Auditor

A Quality Auditor is responsible for conducting audits to assess the effectiveness of a company's quality management system. They review processes, procedures, and documentation to ensure compliance with quality standards and identify areas for improvement. A bachelor's degree in a relevant field and relevant work experience is usually required for this role. Attention to detail, strong analytical skills, and the ability to work independently are important qualities for a Quality Auditor.

Supplier Quality Engineer

A Supplier Quality Engineer is responsible for ensuring that the products or services provided by suppliers meet the required quality standards. They work closely with suppliers to develop and implement quality control processes and conduct audits to assess their performance. A bachelor's degree in engineering or a related field is typically required for this role. Strong communication skills, attention to detail, and knowledge of quality management systems are essential for a Supplier Quality Engineer.

Quality Improvement Coordinator

A Quality Improvement Coordinator is responsible for identifying and implementing strategies to improve the quality of products or services. They analyze data, conduct research, and work with cross-functional teams to develop and implement quality improvement initiatives. A bachelor's degree in a relevant field and relevant work experience is usually required for this role. Strong analytical and project management skills, as well as the ability to work in a team, are important qualities for a Quality Improvement Coordinator.

Quality Consultant

A Quality Consultant is a professional who provides expert advice and guidance on quality management to organizations. They work with companies to develop and implement quality management systems, conduct audits, and provide training to employees. A bachelor's degree in a relevant field and relevant work experience is typically required for this role. Strong communication and problem-solving skills, as well as knowledge of quality management standards, are essential for a Quality Consultant.

Quality Analyst

A Quality Analyst is responsible for analyzing data and identifying trends to assess the effectiveness of a company's quality management system. They use statistical tools and techniques to measure and monitor quality performance and make recommendations for improvement. A bachelor's degree in a relevant field and relevant work experience is usually required for this role. Strong analytical and problem-solving skills, as well as knowledge of quality management systems, are important qualities for a Quality Analyst.

Quality Trainer

A Quality Trainer is responsible for developing and delivering training programs to employees on quality management processes and procedures. They work closely with the Quality Manager to identify training needs and develop training materials. A bachelor's degree in a relevant field and relevant work experience is typically required for this role. Strong communication and presentation skills, as well as knowledge of quality management systems, are essential for a Quality Trainer.

The field of quality offers a wide range of career opportunities for individuals with a passion for ensuring excellence and continuous improvement. Whether you are interested in managing quality processes, analyzing data, or providing expert advice, there is a role for you in this field. Pursuing a career in quality requires a combination of education, training, and relevant experience. With the increasing demand for quality professionals in various industries, a career in quality can be both rewarding and fulfilling.

Types of Businesses in Quality

Quality

Quality is a term that is used to describe the level of excellence or superiority of a product, service, or process. It is a crucial aspect in various industries, including manufacturing, healthcare, education, and customer service. Quality is often associated with customer satisfaction and meeting their expectations. In this wiki, we will explore the concept of quality, its importance, and how it is measured and maintained in different fields.

Definition of Quality

The definition of quality can vary depending on the context and industry. However, the most widely accepted definition of quality is meeting or exceeding customer expectations. This means that a product or service should be free from defects, reliable, and fulfill its intended purpose. Quality can also be defined as the degree to which a product or service meets its specifications and standards.

Another definition of quality is the degree to which a product or service conforms to its design and meets the requirements of the customer. This definition emphasizes the importance of understanding customer needs and designing products or services that meet those needs.

Importance of Quality

Quality is crucial for the success and sustainability of any business or organization. It is directly linked to customer satisfaction, which can lead to customer loyalty and repeat business. A high level of quality can also help a company gain a competitive advantage in the market and differentiate itself from its competitors.

Moreover, quality can also lead to cost savings for a company. By producing high-quality products or services, companies can reduce the number of defects and rework, which can save time and resources. This, in turn, can lead to increased efficiency and productivity.

Quality is also essential for building a good reputation and brand image. Customers are more likely to trust and recommend a company that consistently delivers high-quality products or services. This can lead to increased sales and revenue for the company.

Measuring Quality

Measuring quality is crucial for understanding the level of excellence of a product or service and identifying areas for improvement. There are various methods and tools used to measure quality, including:

1. Quality Control

Quality control is a process that involves inspecting and testing products or services to ensure they meet the required standards. This method is commonly used in manufacturing industries, where products are checked for defects before they are released to the market.

2. Quality Assurance

Quality assurance is a process that focuses on preventing defects and ensuring that products or services meet the required standards. This method involves implementing quality standards and procedures throughout the production process to ensure consistency and reliability.

3. Six Sigma

Six Sigma is a data-driven approach to quality management that aims to reduce defects and improve processes. It involves using statistical analysis to identify and eliminate defects, ultimately leading to improved quality and cost savings.

4. Total Quality Management (TQM)

Total Quality Management is a management approach that focuses on continuous improvement and involving all employees in the quality process. It involves setting quality goals, measuring performance, and implementing strategies to improve quality throughout the organization.

Quality in Different Industries

Quality is a crucial aspect in various industries, and it can have different meanings and methods of measurement depending on the industry. In this section, we will explore how quality is perceived and maintained in different fields.

1. Manufacturing

In the manufacturing industry, quality is often associated with the level of defects in a product. Companies use quality control and quality assurance methods to ensure that their products meet the required standards and are free from defects. Quality is also measured by the efficiency and productivity of the production process.

Manufacturing companies also use quality management systems, such as ISO 9001, to ensure that their products meet international quality standards. These systems involve setting quality objectives, monitoring performance, and continuously improving processes.

2. Healthcare

In the healthcare industry, quality is crucial for patient safety and satisfaction. Quality in healthcare is measured by the effectiveness of treatments, patient outcomes, and patient satisfaction. Healthcare providers use quality improvement methods, such as Lean and Six Sigma, to improve processes and reduce errors.

Healthcare organizations also undergo accreditation processes, such as the Joint Commission, to ensure that they meet quality standards and provide safe and effective care to patients.

3. Education

In the education industry, quality is measured by the effectiveness of teaching and learning. Quality in education is often associated with student achievement and outcomes. Schools and universities use various methods, such as standardized tests and student evaluations, to measure the quality of education.

Education institutions also undergo accreditation processes, such as the Council for Higher Education Accreditation, to ensure that they meet quality standards and provide quality education to students.

4. Customer Service

In the customer service industry, quality is measured by the level of customer satisfaction and meeting their needs. Companies use customer feedback and surveys to measure the quality of their customer service. They also implement quality improvement strategies, such as training and process improvement, to ensure that their customers receive high-quality service.

Maintaining Quality

Maintaining quality is an ongoing process that requires continuous effort and improvement. Companies and organizations can maintain quality by implementing the following strategies:

1. Quality Management Systems

As mentioned earlier, quality management systems, such as ISO 9001, can help companies maintain quality by setting standards and continuously improving processes.

2. Employee Training

Employees play a crucial role in maintaining quality. Companies should provide training and development opportunities to their employees to ensure they have the necessary skills and knowledge to produce high-quality products or services.

3. Continuous Improvement

Continuous improvement is a key aspect of maintaining quality. Companies should regularly review their processes and identify areas for improvement to ensure that they are meeting customer expectations and industry standards.

4. Customer Feedback

Customer feedback is a valuable tool for maintaining quality. Companies should actively seek feedback from their customers and use it to identify areas for improvement and make necessary changes.

Quality is a crucial aspect in various industries, and it is directly linked to customer satisfaction, cost savings, and brand reputation. It can be measured and maintained through various methods and strategies, and it is an ongoing process that requires continuous effort and improvement. By understanding the concept of quality and implementing effective quality management strategies, companies and organizations can ensure that they consistently deliver high-quality products and services to their customers.

Common Issues in Quality

Common Issues in Quality

Introduction

Quality is an essential aspect of any product or service. It refers to the degree of excellence or superiority of a product or service compared to its competitors. In today's competitive market, maintaining high-quality standards is crucial for the success and sustainability of a business. However, despite the efforts put into ensuring quality, there are still common issues that arise in this area. This wiki page will discuss some of the most common issues in quality and how they can be addressed.

1. Lack of Standardization

One of the most common issues in quality is the lack of standardization. This refers to the absence of a set of guidelines or specifications that define the quality standards for a particular product or service. Without standardization, there is no consistency in the quality of products or services, which can lead to customer dissatisfaction and loss of trust in the brand.

To address this issue, businesses should establish a set of quality standards that all products or services must adhere to. These standards should be clearly communicated to all employees and regularly reviewed and updated to ensure they are relevant and effective.

2. Inadequate Quality Control

Another common issue in quality is inadequate quality control. Quality control refers to the processes and procedures put in place to ensure that products or services meet the established quality standards. Without proper quality control measures, there is a higher chance of defects or errors in the final product or service, which can result in customer complaints and negative reviews.

To address this issue, businesses should invest in quality control tools and techniques such as statistical process control, quality audits, and quality inspections. These measures can help identify and address any quality issues before they reach the customer.

3. Lack of Employee Training

Employees play a crucial role in maintaining quality standards. However, one common issue that arises is the lack of proper training for employees. Without adequate training, employees may not understand the importance of quality or how to ensure it in their work. This can lead to inconsistent quality and a higher chance of errors or defects.

To address this issue, businesses should provide regular training and development opportunities for employees. This can include training on quality standards, quality control processes, and continuous improvement techniques. By investing in employee training, businesses can improve the overall quality of their products or services.

4. Poor Communication

Effective communication is essential for maintaining quality standards. However, poor communication is a common issue that can lead to misunderstandings, delays, and errors. This can have a significant impact on the quality of products or services and can result in dissatisfied customers.

To address this issue, businesses should establish clear communication channels and protocols. This can include regular team meetings, open-door policies, and effective use of communication tools such as email and project management software. By improving communication, businesses can ensure that all employees are on the same page and working towards the same quality goals.

5. Lack of Continuous Improvement

Quality is not a one-time achievement; it requires continuous improvement to maintain high standards. However, one common issue in quality is the lack of a continuous improvement mindset. This refers to the belief that there is always room for improvement and the willingness to make changes to improve quality.

To address this issue, businesses should foster a culture of continuous improvement. This can include regular quality reviews, gathering feedback from customers, and implementing suggestions for improvement. By continuously striving for better quality, businesses can stay ahead of their competition and meet the ever-changing needs of customers.

Related Topics

Quality and its Connection to Other Topics

Introduction

Quality is a crucial aspect in any industry or field, as it directly impacts the satisfaction of customers and the success of businesses. It is defined as the degree to which a product or service meets the expectations and requirements of customers. Quality is not limited to just the end product, but also encompasses the processes, systems, and people involved in its creation. In this wiki content, we will explore the connection between quality and other related topics, and how they work together to achieve excellence.

Quality Management

Quality management is a systematic approach to ensuring that products and services consistently meet or exceed customer expectations. It involves the implementation of processes, procedures, and policies to achieve and maintain high levels of quality. Quality management is closely related to quality as it focuses on continuously improving processes and systems to enhance the overall quality of the end product. It also involves the use of quality control and quality assurance techniques to identify and resolve any issues that may arise.

Customer Satisfaction

Customer satisfaction is the ultimate goal of quality management. It is the measure of how well a product or service meets the needs and expectations of customers. Quality plays a significant role in achieving customer satisfaction, as a high-quality product or service is more likely to meet or exceed customer expectations. By continuously improving quality, businesses can ensure higher levels of customer satisfaction, leading to increased loyalty and positive word-of-mouth recommendations.

Continuous Improvement

Continuous improvement is a key aspect of quality management. It involves constantly evaluating and improving processes, systems, and products to enhance quality and efficiency. Quality and continuous improvement go hand in hand, as improving quality leads to better processes and systems, which in turn leads to higher quality products and services. This cycle of continuous improvement is essential for businesses to stay competitive and meet the ever-changing needs of customers.

Total Quality Management (TQM)

Total Quality Management (TQM) is a management approach that focuses on achieving quality through the involvement of all employees in the organization. It emphasizes the importance of continuous improvement, customer satisfaction, and teamwork. TQM also involves the use of quality tools and techniques to identify and eliminate defects and improve processes. Quality is at the core of TQM, and it is essential for all employees to understand and embrace the concept to achieve success.

Cost of Quality

The cost of quality is the total cost incurred by a business to ensure that products and services meet or exceed customer expectations. It includes the cost of prevention, appraisal, and failure. Prevention costs are those associated with preventing defects from occurring, such as training, quality planning, and process improvement. Appraisal costs are incurred to evaluate and monitor the quality of products and services, such as inspections and testing. Failure costs are the costs associated with defects, such as rework, scrap, and warranty claims. By understanding the cost of quality, businesses can make informed decisions to improve quality and reduce costs.

Six Sigma

Six Sigma is a data-driven approach to process improvement that aims to reduce defects and variation in processes. It involves the use of statistical tools and techniques to identify and eliminate defects and improve process efficiency. Quality is a critical component of Six Sigma, as it focuses on achieving near-perfect quality levels. By implementing Six Sigma, businesses can achieve significant cost savings and improve customer satisfaction.

Lean Manufacturing

Lean manufacturing is a production approach that focuses on eliminating waste and improving efficiency. It involves the use of various tools and techniques to identify and eliminate non-value-added activities. Quality is an essential aspect of lean manufacturing, as it aims to produce high-quality products while minimizing waste. By implementing lean principles, businesses can improve quality, reduce costs, and increase customer satisfaction.

Supply Chain Management

Supply chain management is the management of the flow of goods and services from the point of origin to the point of consumption. Quality is a critical aspect of supply chain management, as it ensures that the products and services delivered to customers meet their expectations. By working closely with suppliers and implementing quality standards, businesses can ensure that the entire supply chain is focused on delivering high-quality products and services to customers.

Glossary

  • Quality - the degree to which a product or service meets customer expectations
  • Quality Management - a systematic approach to ensuring high levels of quality
  • Customer Satisfaction - the measure of how well a product or service meets customer needs and expectations
  • Continuous Improvement - the process of constantly evaluating and improving processes and systems
  • Total Quality Management (TQM) - a management approach that focuses on achieving quality through the involvement of all employees
  • Cost of Quality - the total cost incurred to ensure high levels of quality
  • Six Sigma - a data-driven approach to process improvement
  • Lean Manufacturing - a production approach that focuses on eliminating waste and improving efficiency
  • Supply Chain Management - the management of the flow of goods and services from the point of origin to the point of consumption

References

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