In a service-oriented economy such as Hong Kong, quality assurance of services and products rendered to customers is a key issue that companies have to tackle, especially when the local economy is in ...

The 5S program is an extension of lean management and a way to “clean house” in the workplace, making it a great way to promote efficiency when it comes to manufacturing & distribution. The 5S program ...

The Visakhapatnam Steel Plant (VSP) has achieved 'plant-level' certification in '5S-work place management system' making it the first 5S certified public sector enterprise in the steel industry.

Quality control is a methodology employed in manufacturing to prevent defects in manufactured products. Abbreviated as QC, the method has been implemented in a number of ways each of which has its own ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Over the last few months, I have heard various experienced and knowledgeable experts state (emphatically no less) totally contradictory opinions regarding quality assurance (QA), quality control (QC), ...

Total Quality Management (TQM) refers to management methods used to enhance quality and productivity in business organizations. TQM is a comprehensive management approach that works horizontally ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...