The Journal of Accounting and Management, Vol 5, No 2 (2015)

Abstract

Numerous approaches have been proposed in recent years, which lead to the improvement of the organizational performance. Three stock management methods, Just in Time, Lean Management and Six Sigma were considered in this study and they represent alternative approaches for the improvement of business efficacy and efficiency. Even if they were differently presented without any links, conclusions show that they can be used at the same time in an integrated system. The study shows that there are correlations between the three working methods, as they influence the performance of the business, both from the operational and strategic perspective.