A quality management system is a formal process used to review a company's operations, products and services to identify areas of potential quality improvement. Effective quality management is a ...

Firms that perform audits, reviews, or compilations have a little more than four months to implement the new risk-based quality management (QM) standards. The task may feel daunting, but Joe Lynch, ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

Businesses use quality management systems to improve the efficiency of their processes, which can help increase profitability. Total Quality Management systems use a variety of tools and theories to ...

The manufacturing industry is more competitive than ever, rewarding forward-thinking manufacturers who successfully accomplish quality, safety and environmental responsibility in their operations.