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Which one of the following is not a tool that company managers can use to promote continuous improvement (operating excellence) in performing value chain activities?

1) Benchmarking
2) Total Quality Management (TQM)
3) Just-in-Time (JIT) inventory management
4) Six Sigma

User Betsy
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1 Answer

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Final answer:

All options listed (Benchmarking, TQM, JIT, Six Sigma) are tools for promoting continuous improvement in value chain activities, so none can be classified as 'not a tool'.

Step-by-step explanation:

When considering tools that company managers can use to promote continuous improvement in value chain activities, all the options listed, namely Benchmarking, Total Quality Management (TQM), Just-in-Time (JIT) inventory management, and Six Sigma, are in fact viable tools. Therefore, none of these options would accurately be defined as 'not a tool'. Each of these methodologies has a role in operating excellence. Benchmarking involves comparing business processes and performance metrics to industry bests and best practices from other companies. TQM is centered on quality management from the customer's point of view. JIT inventory management is a strategy that aligns raw-material orders from suppliers directly with production schedules. Finally, Six Sigma is a set of techniques and tools for process improvement that aims to reduce defects and variability.

To address part of the information that might relate to evaluating quality, another tool that is used to gauge the quality of a design is design review. It is often in design review that engineers focus on product attributes and where the adequacy of prototype testing would be scrutinized.

User Breck
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