World class manufacturing and "Six Sigma": Their application to SMEs, as well as to services

Journal Title: Manager Journal - Year 2011, Vol 14, Issue

Abstract

The present work starts with the observation of the current international crisis that has not spared the business world, affecting mainly the industrial sector. Thus, companies are now more than ever called upon to ensure their competitiveness by meeting some critical success factors that are not only related to quality and product innovation, but also to the production efficiency which can be achieved through minimizing both production and delivery costs. The difficulty of combining the fulfilment of these objectives which seem to be in contrast with each other, has led companies to experiment different management philosophies to find the most suitable to be adopted in the competitive scene in which they operate, and aimed at ensuring the best business performance in the medium-long term. As a result, the research aims, first, at investigating whether there are management philosophies that are able to meet these objectives, supported by operational approaches that are compatible with their basic criteria; secondly, it is meant to assess whether these models may cover the whole industrial sector rather than a single sector alone, as well as whether they can be used in both large companies and SMEs (Small and Medium Enterprises) and, finally, whether they can be extended to service companies as well.

Authors and Affiliations

Francesco Scalera

Keywords

Related Articles

Evolution of participation of the adult Romanian population to professional education and training in Romania,in comparison with the European Union

Education represents a permanent preoccupation for the Governments of all Member States, but the structure of the education systems differs considerably from a country to another. In this context, the European Union is a...

Management Information Systems in Info-Documentation

All civilizations used knowledge formally and informally in economic growth and in social development. In today’'s knowledge age intellect and creative, innovative and inventive ideas have been recognized and leveraged t...

The Role of Information Professionals in Reducing the Effects of Global Warming through Knowledge Management

As a result of global environmental change, global warming is the greatest environmental challenge in the 21st century. It could lead to the ultimate end of existence of earth and man. Potential catastrophic effects on t...

Entrepreneurial behavior among employees. Pilot study: Employees from Bucharest

Many objective or subjective factors influence the decision to open a business. The most important factors are: the existence of an adequate opportunity or a market, perception that starting a business could be difficult...

Attitudes towards risk and insurances

The paper presents the attitudes towards risk and their influence in insurance theory. Based on these attitudes, the insurance companies can distinguish between agents with inclinations towards risks and the ones with av...

Download PDF file
  • EP ID EP448763
  • DOI -
  • Views 62
  • Downloads 0

How To Cite

Francesco Scalera (2011). World class manufacturing and "Six Sigma": Their application to SMEs, as well as to services. Manager Journal, 14(), 57-75. https://europub.co.uk/articles/-A-448763