Total Quality Management
Total Quality Management (TQM) is a system that is widely used through out organizations nowadays. It is also recognized as a function of eliminating waste inside an organization. It combines quality and management tools to reduce losses due to wasteful practices. TQM is a management philosophy that combines all organizational functions such as marketing, finance, design, engineering, production, customer service, information technology and more . By combining this, TQM makes the management flow and business running smoothly all throughout an organization. TQM was introduced way back at 1950's. Full-size companies such as Ford Motor Company, Philips Semiconductor, SGL Carbon, Motorola and Toyota Motor Company use TQM as their common management tool . Management department inside an organization plays a big role to TQM. Simply to say, by achieving TQM and implementing it in such a manner, organizations can reduce or eliminates waste.
ISO 9001:2000 - Quality Management System
ISO 9001:2000 is basically the most used and practiced quality management system today . ISO or International Organization for Standardization is the world's largest developer and publisher of International Standards. ISO introduced their standards and requirements to be applicable throughout all organizations.. By implementing a national recognized standard such as ISO, any organization will eventually eliminate waste or reducing it to a certain level.
Just-in-time (JIT) was introduced by Taiichi Ohno, a former chairman at Toyota Motor Co. of Japan in the 1970's  and some say in the 1980's . The main idea was perfecting the manufacturing process and increases its production level at Toyota during those days. The key concept was to eliminating waste during the manufacturing process and the production line. So, no over produced parts in stock, concentration can be focus on...