...all discussions all quizzes and all week Course Project Click Link Below To Buy: http://hwcampus.com/shop/gscm326-full-course-latest-discussions-quizzes-week-course-project/ GSCM326 Week 1 Discussion DQ1 & DQ 2 Latest DQ 1 Total Quality Management (graded) What is total quality management (TQM)? Is it something you can install, like a refrigerator? How do you know TQM when you see it? DQ 2 A System Perspective (graded) When we talk about a system view, what are we interested in and why? Why is a system view so important to have if you are going to implement TQM? GSCM326 Week 2 Discussion DQ1 & DQ 2 Latest 2016 Jan. DQ 1 Deming's 14 Points (graded) Are Dr. Deming’s 14 points clear, concise, and achievable? If not, what do you think he had in mind? In Deming’s view, who needs to do what and why? DQ 2 Quality Awards and Standards (graded) The authors of our text talk about the Baldrige Award throughout their book. In previous versions, they even designed their text around this award. Given that our course is about TQM, an in-depth discussion of the Deming Prize would seem to be appropriate since it is the framework of company-wide quality control in Japan, which embodies what we call TQM in the United States, but is hardly discussed in our text. So let's do some research. Put on your investigative hats and see what you can find about the Deming Prize. You can use the Internet or any...
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...In order to reconcile a social agenda with commercial challenges, one would first have to consider the reasons why one would take on this particular social agenda - making available radios that produce their functioning power through a wind-up mechanism, in order to transmit educational lessons to impoverished populations with no electricity. One major business related reason why one would do this is the fact that if you educate a human being so that he or she becomes a productive person in society, that person no longer is a liability, but an asset, to their country, and to the world in general. If that impoverished human being does not know about such things, they still have to eat, be clothed and sheltered, which would require resources, but there is a minimal amount of return for that outlay of resources. But if you educate that person's mind - then that one's potential to produce value increases dramatically. That person could not grow food for herself and others, or make clothes and build houses that would last, to treat diseases and invent things, to manufacture computers and machines, to write books and poetry and songs, to create art and dance, and a myriad of other things. And also importantly, he could teach his children to love to learn, and model that they have value and potential that they could contribute to their communities. Given an understanding and acceptance of this motivation, the legalities of a business that begins in another country and whose target...
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...Contents I. APP Pharmaceuticals 3 II. Background/Overview of APP Pharmaceuticals 3 III. Introduction to the Problem 4 IV. Literature Review -Philosophy, Culture and Strategy 7 V. Recommendation/Analysis -Philosophy, Culture and Strategy 9 VI. Literature Review/Analysis – Adoption and Driving Strategy Down into the Organization. 10 VII. Recommendation –Balanced Score Card 11 VIII. Recommendation/Analysis – Total Quality Management 15 IX. Reflection 24 X. Bibliography 26 I. APP Pharmaceuticals APP Pharmaceuticals (APP) strives to lade in the United States and Canada to be a leader for injectable pharmaceuticals. The company, philosophy is to provide excellent products and services by hiring dedicated and committed employees to meet our customers’ needs. Our primary goal is to improve the health and care of patients who use our pharmaceutical products. II. Background/Overview of APP Pharmaceuticals APP was established in 1996 and has quickly become one of the industry leaders in providing one stop shopping for very commonly used products to very special products to meet the needs of a wide range of patients. There market produces 142 products in over 400 doses and formulations. A few of the clinical areas they cover are: Cardiac Care, Dialysis, Emergency, Intensive Care, OB/GYN, Operating Rooms, Oncology, Orthopedics, Pediatrics, Psychiatry and Radiology. (APP Pharmaceuticals, unkown) APP is the number three generic injectable supplier in the United States...
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...TEKNOLOGI MARA, SHAH ALAM FACULTY OF BUSINESS MANAGEMENT MASTERS OF BUSINESS ASMINISTRATION (BM 770) MANAGERIAL ACCOUNTING (ACC 770) INDIVIDUAL ASSIGNMENT: CONTEMPORARY MANAGERIAL ACCOUNTING (CONCENTRATION AREA: TOTAL QUALITY MANAGEMENT) PREPARED BY: STUDENT ID.: PREPARED FOR: NURWAHIDA BT. MOHD. YAAKUB 2009782101 DR. AZIZAH BT. ABDULLAH SUBMISSOION DATE: 10 FEBRUARY 2010 Table of Contents Contents Chapter One: Introduction to Contemporary Managerial Accounting Concepts 1. 2. Value Chain a. Just in Time (JIT) b. Total Quality Management (TQM) c. Theory of Constraints 3. 4. 5. 6. 7. 8. 9. Target Costing Kaizen Costing Life Cycle Costing (LCC) Pricing Methods Uses and Limitations of Cost-Based and Market-Based Pricing Factors Affecting Prices Pricing Models for Not-for-Profit Organizations 3 4 5 5 6 7 8 9 10 11 11 Page Chapter Two: Total Quality Management (TQM) – an Introduction and Its Applications Chapter Three: Conclusion Appendix 1: References 12 23 CHAPTER ONE: INTRODUCTION TO CONTEMPORARY MANAGERIAL ACCOUNTING CONCEPTS Over the years, the managerial accounting practices had evolved. From the traditional costing method, many firms now have adopted the contemporary managerial practices to achieve better product costing and manufacturing processes. There are many contemporary managerial accounting in practice, some of them being Value Chain, Just-In-Time (JIT) Manufacturing, Total Quality Management (TQM) and the Theory of Constraints (TOC). All...
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...Total Quality Management: A Continuous Improvement Process Introduction In order to comprehend the need for improvement in the construction industry and to better manage our projects and construction companies, we need to look for a method to do so. Construction managers need to improve their performance. Construction costs are becoming far too high. Construction project management is more difficult than it should be. When turnaround at the end of a project becomes a gut-wrenching experience with unnecessary disputes (which must be settled) that arise due to insufficient quality or indifference to quality, settlement by negotiation, arbitration, or even litigation imposes a serious drain on the financial resources of a company and limits profit potential. To be competitive in today’s market, it is essential for construction companies to provide more consistent quality and value to their owners/customers. Now is the time to place behind us the old adversarial approach to managing construction work. It is time to develop better and more direct relationships with our owners/customers, to initiate more teamwork at the jobsite, and to produce better quality work. Such goals demand that a continuous improvement (CI) process be established within the company in order to provide quality management. Ancient Greeks referred to the concept of continuous improvement as well as the Chinese. Recently CI has been referred to as Total Quality Management (TQM). Whichever name is preferred, the...
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...LESSON #8: TRAINING THE PERFORMANCE MANAGEMENT AND APPRAISAL SYSTEM; EMPLOYEE DEVELOPMENT; PAY AND PERFORMANCE APPRAISAL AND EMERGING TRENDS Week Ending: February 27th OVERVIEW: This combined lesson finishes the section on performance management. It starts with Chapter 11’s discussion of various aspects of system implementation – to include: implementation teams, pilot testing communication, monitoring and evaluation and appeals procedures. This discussion is really a continuation and conclusion of the top management support discussion that ended Lesson #7. The remainder of the lesson is a “catch-all” – covering several important performance management and appraisal aspects that are more performance management than appraisal related. We continue with Chapter 12 on creating a system for initial and sustaining performance management and appraisal system training. We then address the almost universal relationship between pay and performance appraisals (Chapter 14). The performance appraisal portion of the course ends with Chapter 16’s review of several important “Emerging Trends” in performance management and appraisal – specifically: teams and performance appraisal; total quality management (TQM) and performance appraisal; and computer-based software programs for automating performance appraisals. OBJECTIVES: After studying this lesson, the student should: 1. Be able to implement a new or replacement performance management and appraisal system in terms of: ...
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...What quality means to me in the profession I pursue? “Quality is Great achievement, usually born of great sacrifice, and is never the result of selfishness”. - Napoleon Hill. Quality to me means something that will last for a long time and if I am reasonably satisfied for the worth of money spent on the product then I am happy. It is the reliability, usefulness, longevity, and effectiveness of the element delivered. If a tool is going to fall apart, be cumbersome or awkward, give wrong measurements or just give more trouble than it’s worth then the quality is bad. It displays the competency of the person making the tool and their own expertise in terms of how well they design the tool. Is it that in maintaining quality what matters is establishing the base that enables you to make big gains? You are quiet right if that’s what you feel. To every organization maintaining a healthy environment is maintaining quality .Quality is also the power to measure and control costs. The profession I pursue is to be a Tax Consultant and then become an Entrepreneur, providing employment to people. In my opinion, quality in a profession is one that lives up to all the claims from the maker; it does everything it is supposed to do every time in the suggested lifetime. A tax consultant files returns of clients anually,advices on tax savings and ensures that legality is maintained in co operative housing societies .This job profile can be handled by any person who has the relevant qualification in...
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...1. What is the purpose of risk management? 1. According to Kavaler and Spiegler (2003), in general, risk management has a purpose is to improve safety, prevent accidents, guarantee compliance with the law, and keep away from legal exposure, that may lead to loss or lawsuit. Risk management purpose should address issues that could jeopardize performance of key purposes. We also use risk management in response to risk identification and reporting, risk analysis, risk reduction, risk monitoring, and communication. 2. According to Kavaler and Spiegel (2003), risk management performs investigations of injuries and tries to find ways to predict and prevent future medical injuries. Investigations have displayed the following results in predicting which doctors are most likely to malpractice lawsuits: Doctors who provide opportunity patients are more at jeopardy than the one which include knowledge of their patients individually. The greater number of suits filed are against doctors are men. Surgeons maintains larger jeopardy of a lawsuit than additional specialists. After the beginning request been file, the doctor is at greater jeopardy of increased cases. it possible to predict medical injuries? 3. According to Kavaler and Spiegel (2003), each outline in the guidebook point out how evaluation and planning for part of the organization of the risk management program includes activities, process measures, outcome measures, and action plans. Process measures assess whether these activities...
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...figures in the world as pertains to quality management. Ishikawa's practices of Total Quality Management have influenced many of those in the business world, even to his day. Ishikawa has helped thousands of companies, which include big names, such as IBM, Ford Motor Company, Bridgestone, just to name a few in accessing high quality products at much lower costs. He has written award-winning books, in particularly, his book, "What is Total Quality Control?," are among one of his most popular. In addition, he has won various awards for his writings/works on quality control which include the Deming Prize and the Grant award. Ishikawa was born in Tokyo, Japan, in 1915 and he graduated from the Univesity of Tokyo in 1939, majoring in engineering with an emphasis in applied chemistry. He also went on to teach at the University of Tokyo, where he advanced in earning his doctorate degree in engineering. Ishikawa is mostly known as being the creator of something known as the "Quality Circle Movement" in Japan. He is also known for his "Ishikawa diagram," which is currently and also known as "fishbone diagram" or "cause and effect diagram." These diagrams play a significant role in Quality Circles as they are used as tool in problem-solving. Additionally, as the leader of "Total Quality Control" movement, he focused techniques on statistical qualit control through the use of Pareto/Control charts. Generally speaking, Ishikawa believed that quality improvement is/was a primary way...
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...Guru’s Approach to Quality: • Deming’s Approach o Exceeding customer expectations. o Focus on continuous improvements in products and services quality by reducing variability and it is driven by the leadership of the top management. o Deming’s 14 points for management for quality improvement program. • Juran’s Approach o Quality is “fitness for use” and therefore it is judge by the customer. o Quality should be viewed from both internal and external perspectives. o Product conformance to requirements results in customer satisfaction. o Juran advocate ten steps to quality improvement. • Crosby Approach o Quality is free. o Quality means conformance to requirement. o Zero Defect is the only performance standard. o Crosby proposed 14 steps for the quality improvement process. • Feigenbaum’s Approach o Product/service quality is dynamic in nature because customers’ expectations are subject to change. o Total quality management covers the full scope of the product and service life cycle. • Gorocock’s Approach o Quality of a product is the degree of conformance of all the relevant features and characteristics of the product to all of the aspect of a customer’s need (value-led). o Zero defects and no longer period for reflection or review at the end of the program. • Taguchi’s Approach o “Loss imparted to the society from the time a product is shipped”. Economic value of being on target and reducing variation. • Ishikawa’s Approach o Quality control extends beyond...
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...1A. TQM Total quality management (TQM) is an improvement program which provides tools and techniques for continuous improvement based on facts and analysis; and if properly implemented, it avoids counterproductive organizational infighting. The most popular approach to continuous improvement is known as total quality management (TQM). There are two major characteristics of total quality management (TQM) a focus on serving customers and systemic problem solving teams made up of front line workers. Benefits Total Quality Management: * Strengthened competitive position * Adaptability to changing or emerging market conditions and to environmental and other government regulations * Higher productivity * Enhanced market image * Elimination of defects and waste * Reduced costs and better cost management * Higher profitability * Improved customer focus and satisfaction * Increased customer loyalty and retention * Increased job security * Improved employee morale * Enhanced shareholder and stakeholder value * Improved and innovative processes Advantages of Total Quality Management: * Improves reputation- faults and problems are spotted and sorted quicker * Higher employee morale– workers motivated by extra responsibility, team work and involvement in decisions of TQM * Lower costs – Decrease waste as fewer defective products and no need for separate * Quality Control inspectors (Quay,2012) Lean Manufacturing ...
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...contribution to Quality Management? Armand V. Feigenbaum is the originator of the total quality movement. **He defined quality based on customer’s actual experience with the product or service. His landmark text, Total Quality Control, has significantly influenced industrial practices. He predicted that quality would become a significant customer-satisfaction issue, even to the point of surpassing price in importance in the decision-making process. **As he predicted, consumers have come to expect quality as an essential dimension of the product or service they are purchasing. (Dominguez) His definition of quality is broad-reaching. ** it stresses that quality is a customer determination; that is , only a customer can decide if and how well a product or service meets his or her needs, requirements, and expectations. “…a customer determinations which is based on the customer’s actual experience with the product or service, measured against his or her requirements—stated or unstated, conscious or merely sensed, technically operational or entirely subjective—always representing a moving target in a competitive market. “ Slide 3 to 4 (Amor) Feigenbaum’s 19 steps 1. 2. Total quality control is defined as a system of improvement. 3. Big Q quality is more important than a little q. 4. Control is a management tool with four steps. 5. Quality control requires integration of uncoordinated activities. 6. Quality increases profits...
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...4/1/2014 Jing Meng Operation Management Case Questions Red more details Question 1 Answer: 1. The specials and the standards need to separate for the following reasons: a. They are not the exactly same process. The process for special carpets adds more steps than the standards carpets. So it is not convenient to use the same line. b. The setup time is too long. It costs as much as hours to changeover from the standard products to the special products. It costs money and requires storage space, and some of it will probably go to waste. c. The hurry order. There is third order called hurry order. When it happens, the process need to stop for rush special due, and the standard and special products will be delay to get to customers. If there are two lines, the special order’s influence will be down. The standard products and the special products can run in one line. 2. The JIT philosophy is that getting the right quantity of goods at the right place at the right time. It’s based on the simplicity and emphasis on quality. But in the Katz Carpeting company, the inventories of the carpets were high. They produced a lot what they already had , yet not enough of what was needed. They can’t get the right quantity of goods. 3. The following is the steps to implement the JIT system. First, they should make quality improvements. Their quality was becoming a problem, with customers frequently returning carpets for rips or incorrect...
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...VALUES IN AN ADVANCED PERSPECTIVE OF TOTAL QUALITY MANAGEMENT Author: Salvatore Moccia Universidad de Valencia Abstract Purpose: The purpose of this paper is to analyze the relation between personal values and the principles of Total Quality Management and thus to propose a tentative framework of relationships. Design/methodology/approach: The paper is conceptual. It reviews some lists of values present in literature, and summarizes them in a more comprehensive list. Then it follows the definitions of these values according to some philosophical models, and the analysis of their implications in the business life in general. Thus, tries to explain the relation between them and the principles of TQM, passing through the two mediating variables passion and trust. Findings: A model of quality management based on personal values is proposed. Research limitations: The lack of empirical data that can validate the model, and the lack of specific hypothesis of investigation. Practical Implications (if possible): Considering the emphasis placed on personal values, the model can have some practical implications in the field of recruitment, promotion, and leadership. Originality/value: The model fills the gap between personal values and the principles of Total Quality Management, being the first attempt to present a comprehensive model of interactions. A novel framework that can provide a basis for further research into the profound nature of quality management has been proposed. Furthermore...
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...the level of commitment toward work and to know the factor affecting the commitment level . QUALITY:- 1. Quality means fit ness for use. 2. Quality means productivity, competitive cost, and timely delivery, total customer satisfaction. 3. Quality means conformance to specification and standard. 4. Conformance to requirements. 5. Quality is what the customer says 6. Quality means getting every one to do what they have agreed to do and to do it right the first time and every time. TOTAL QUALITY :- It means all the people of the organization are committed to product quality by doing right things right, first time, every time by employing organization resource to provide value to customer. TOTAL QUALITY MANAGEMENT: - It is the process designed to focus external/internal customer expectation preventing problems building ,commitment to quality in the workforce and promoting to open decision making. TOTAL: Every one associated with the company is involved in continuous improvement, in all functional area, at all level. QUALITY: Customer express and implied requirement is met fully. MANAGEMENT: Executive are fully committed Decision in a planned way. To maintain existing lever of quality. To improve existing lever of quality. Effective utilization of resource. PRINCIPLES OF TQM:- 1.Delight the customer 2. Management by fact 3. People based management...
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