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Managerial Function In The Process Efficiency Monitoring And Measurement

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  • Jan Kovacs

Abstract

One the structural sections in control process model is monitoring and measuring of the processes. Under this model, the process manager can control processes, that means, systematically monitor and assess he efficiency of processes and pursue a correction action in the case he find out incongruity within required outputs. It's feedback, which advises, whether the processes of control is harmonious and perfect. This article reports the summary of the universal figures and methods, which should be not only known, but applied by process managers. Whithin those indicators we can name the time realization of product, process costs, OEE, indices level of satisfaction and loyality consumers, benchmarking etc. Another methods and approaches used to process monitoring and measuring are the abnormalities control, Six sigma, EFQM model etc.

Suggested Citation

  • Jan Kovacs, 2009. "Managerial Function In The Process Efficiency Monitoring And Measurement," Journal of Academic Research in Economics, Spiru Haret University, Faculty of Accounting and Financial Management Constanta, vol. 1(2 (Octobe), pages 155-173.
  • Handle: RePEc:shc:jaresh:v:1:y:2009:i:2:p:155-173
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    More about this item

    Keywords

    Quality control process; universal indicators efficiency of process; basic approaches to monitoring and measuring of the processes.;
    All these keywords.

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation

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