The performance concept originated from the concept of firm management. The performance management of the firm involves improving its value-cost relationship, which means that the firm will be able to build a product or service, in terms of achieving cost and profitability targets, and compare...

Excellence in management is a must in today's competitive business environment. Business has become complex and global. Traditional management practices like: strategy planning, personnel organization, budget setting and problem solving on a daily basis are still essential. Yet the emphasis is...

In Romania almost 99% of the companies are SMEs. For now the only certainty for Romanian economy is the fact that the ability to “invent” new products and services for clients, the capability to offer quick and creative responses to the complex problems which appear in the organization and...

If so far, the production of scale had its established methods, we now are present to diversification of the production and to the decreasing of the series of the manufacturing. It implies the using of such methods which allow to get a high efficiency. In this case, we consider that the Lean...

Managers of any organization exercising the functions of management, organization, coordination, training and control in different areas, which generally are called functions of the organization. Management of SMEs differ from the management in the large companies both in the way of exercising...

Information bridges the gaps among different parts of the systems, and also among themselves. This is why one may assert that the informational system lies at the bedrock of the creation, maintenance and development of the organizational structures. With its help, the organization manages to...

All aspects of Lean Management presented in this paper have attempted to show the size of an approach of the industrial performance in European companies. The myth created by the results in Japanese car companies Toyota has attracted the interest of many authors to this management system. In...

When defining a maintenance policy, it must be held in mind the fact that there isn’t such a thing like “good maintenance policy” in itself; instead, for each industrial equipment should be adapted a particular maintenance method, coming to a technical-economic compromise through its...

The companies today have to adapt to different changing conditions, like rapid technological development, shorter product life cycles and more demanding customers, in order to improve their position on the market. The objective of the paper is to present and analyses the impact of lean by using...

The firm, considered to be a unitary system, disposes of a functioning mechanism defined by a few characteristics, which include: - it is a unitary ensemble with an established juridical regime and a certain functional autonomy; - it has specific in and out parameters; - it is capable of...