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The Significance of Total Quality Management Principles in Industrial Organizations

Author

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  • ANDREI DIAMANDESCU

    (Departament of Economic Sciences „Nicolae Titulescu” University)

Abstract

Nowadays the industry is one of the main economic sectors, with a major contribution to achieving and maintaining a high rate of economic growth. The processing industry operation to high economic performance requires changes in structural terms, the re-engineering of processes and management. In this regard, one of the main actions taken at the level of companies in the manufacturing industry is the implementation of quality systems. Practicing quality management system not only allows businesses to react to changes taking place in business, but also to inflict them by the controlling of the future. This paper aims to analyze the principles of Total Quality Management – TQM and will highlight the advantages that organizations could obtain by applying each principle separately in the process of management.

Suggested Citation

  • Andrei Diamandescu, 2016. "The Significance of Total Quality Management Principles in Industrial Organizations," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 4(2), pages 92-99, November.
    • Handle: RePEc:ntu:ntugeo:vol4-iss2-16-092
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    Cited by:

    1. Mohd Syaiful Rizal Abd Hamid & Nor Ratna Masrom & Nur Athirah Binti Mazlan, 2022. "The Key Factors of the Industrial Revolution 4.0 in the Malaysian Smart Manufacturing Context," International Journal of Asian Business and Information Management (IJABIM), IGI Global, vol. 13(2), pages 1-19, August.

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