Framework of 5S Quality Management for University Ecosystem to Achieve Green Campus

Bakar, Nashirah Abu; Rosbi, S.; Bakar, Azizi Abu; Arshad, Noraziah Che; Aziz, Noriza Abd; Uzaki, Kiyotaka

doi:10.18535/ijsrm/v7i12.em01

Cited by 4 publications

(3 citation statements)

References 14 publications

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“…Monte Carlo simulation is a technique for simulating the probability of an outcome based on probability distribution, which achieves more accurate coverage of uncertainty. The essence of this simulation is in the random generation of data based on probability distribution, with the aim of simulating the sampling process from the actual population (Bakar & Rosbi, 2019).…”

Section: Methodsmentioning

confidence: 99%

The volatility of stock market returns: Application of Monte Carlo simulation

Ilić¹,

Digkoglou²

2022

Econ Sust Dev

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Stock exchange is the "mirror" of the economy and helps industry (and commerce) to accelerate the development of the country. The prices on the stock exchanges increase or decrease over the particular period and that rate represents stock market volatility. Higher stock price volatility is often associated with higher risk and indicates future fluctuations to investors in order to evaluate them. Predicting future stock price volatility can provide important information to market participants and enable them to make adequate decisions. The aim of this paper is to evaluate the stock price volatility of the Apple Company using the Monte Carlo simulation.

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Section: Methodsmentioning

confidence: 99%

The volatility of stock market returns: Application of Monte Carlo simulation

Ilić¹,

Digkoglou²

2022

Econ Sust Dev

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“…Thus, 5S implement in organizations can be defined as a methodology that results the workplace become clean, uncluttered, safe, and well organized to help reduce waste and optimize productivity. 5S practice also was designed to help build a quality work environment, both physically and mentally (Abu Bakar, et al, 2019). Therefore, the function of 5S practices is to improve process of efficiency and safety, reduces waste, prevents errors and defects in organizations.…”

Section: Literature Reviewmentioning

confidence: 99%

Intention to Implement 5S Management Among Students in Higher Education Institutions

Bakar¹,

Uzaki²,

Naim³

et al. 2020

jeb

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“…The sort, set in order, shine, standardize, and sustain (5S) method is straightforward yet impactful for reducing inefficiencies and enhancing productivity within the workplace [ 1 ]. The 5S management method, integral to lean principles, has been extensively utilized across diverse industries to streamline workplace organization, enhance efficiency, minimize waste, and optimize quality and productivity by maintaining an organized environment [ 2 ]. Waste encompasses any element that does not enhance the process or provide value.…”

Section: Introductionmentioning

confidence: 99%

Improving Efficiency in Hospital Pharmacy Services: An Integrated Strategy Using the OCTAGON-P Framework and Lean 5S Management Practices

Sallam,

Allam,

Kassem

2024

Cureus

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Background Hospital pharmacy departments have a critical role in the healthcare system, as they aim to provide excellent patient services while also ensuring cost-effectiveness. Lean methodologies are well-known for improving efficiency and quality in various industries, but their impact on healthcare, particularly in hospital pharmacy settings, has not been thoroughly investigated. Aim This quality improvement (QI) study aimed to assess the impact of implementing the sort, set in order, shine, standardize, and sustain (5S) methodology using the innovative orientation, coordination, training, awareness, governance, observation, normalization, and promotion (OCTAGON-P) framework on the operations of Mediclinic Parkview Hospital (MPAR) Pharmacy in Dubai, UAE. Methods The QI project spanned a period of six weeks, from December 18th , 2023 , to January 28th , 2024. Throughout this period, a new novel OCTAGON-P framework's eight crucial elements were methodically integrated. Simultaneously, an extensive preparation process encompassing the five stages of the 5S method was carried out. Results The findings indicated a notable enhancement in organization, orderliness, cleanliness, medication storage, and workspace standardization. The significant improvement of 217% in terms of organization highlighted the effectiveness of resource arrangement. The orderliness of the workspace saw an increase of 800%, indicating a transformation in the systematic organization. Additionally, cleanliness improved by 138%, demonstrating a significant advancement in maintaining a spotless environment. The standardization of processes experienced a boost of 300%, reflecting a solidified approach to consistent operational methods. These refinements resulted in an overall improvement of 90% from the initial baseline of 20% on the 5S checklist scores. Efficiency gains were observed, with outpatient medication retrieval times reduced by 50%, inpatient times by 40%, emergency prescription serving by 16.7%, and pediatric prescription serving by 11%. The inpatient medication return process saw a 67% improvement. Patient counseling time increased by 23.3%, indicating a more patient-centered approach. Prescription verification and medication expiry checks increased by 50% and 200%, respectively, enhancing the quality of care. Inventory management efficiency improved by 36%, and medication label printing time decreased by 70% with the additional label printers. Installing extra medication label printers was done through the OCTAGON-P framework, specifically in the "orientation" and "coordination" phases. These two initial phases focused on leadership's 5S orientation, management support, and securing additional resources. Therefore, the OCTAGON-P framework provided a structured approach that promoted continuous improvement and sustained lean practices. Conclusion This research stu...

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Framework of 5S Quality Management for University Ecosystem to Achieve Green Campus

Cited by 4 publications

References 14 publications

The volatility of stock market returns: Application of Monte Carlo simulation

The volatility of stock market returns: Application of Monte Carlo simulation

Intention to Implement 5S Management Among Students in Higher Education Institutions

Improving Efficiency in Hospital Pharmacy Services: An Integrated Strategy Using the OCTAGON-P Framework and Lean 5S Management Practices

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