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Logistical stock management methods - organizational performance evaluation means

Author

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  • Gheorghe CHIRU

    (Danubius University of Galati, Department of Finance and Business Administration)

Abstract

Numerous approaches have been proposed in recent years, which lead to the improvement of the organizational performance. Three stock management methods, Just in Time, Lean Management and Six Sigma were considered in this study and they represent alternative approaches for the improvement of business efficacy and efficiency. Even if they were differently presented without any links, conclusions show that they can be used at the same time in an integrated system. The study shows that there are correlations between the three working methods, as they influence the performance of the business, both from the operational and strategic perspective.

Suggested Citation

  • Gheorghe CHIRU, 2015. "Logistical stock management methods - organizational performance evaluation means," The Journal of Accounting and Management, Danubius University of Galati, issue 2, pages 38-46, August.
    • Handle: RePEc:dug:jaccma:y:2015:i:2:p:38-46
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    File URL: http://journals.univ-danubius.ro/index.php/jam/article/view/2978
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    References listed on IDEAS

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    1. Florica BADEA & Eugen BURDUS, 2009. "Contributions on the Lean Management in the current evolution of a company," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1), pages 168-179, June.
    2. Mihai Felea, 2008. "The role of inventory in the supply chain," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 10(24), pages 109-121, June.
    3. Kannan, Vijay R. & Tan, Keah Choon, 2005. "Just in time, total quality management, and supply chain management: understanding their linkages and impact on business performance," Omega, Elsevier, vol. 33(2), pages 153-162, April.
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