Importance of Product Certification (API Specification 6D) and QMS Certification for Valve Manufacturing Industry on its Business Performance

Authors

  • Madhup Kantilal Gandhi   Research Scholar, D Y Patil Vidyapeeth, Pune, (Deemed to be University) and Faculty Member, Symbiosis Institute of Management Studies, Symbiosis International Deemed University
  • Dr. Chetan Chaudhari   Director Global Business School and Research Centre, D Y Patil Vidyapeeth, Pune, (Deemed to be University)
  • Rucha Vanarase   Symbiosis Institute of Management Studies, Symbiosis International Deemed University, Pune

Keywords:

API specification 6D, ISO 9001, 2015, ANOVA, p-value, Cluster Analysis, Quality Management System, Valve Manufacturing, Oil and gas industry, Business Performance

Abstract

Product certification API specification 6D is an international standard for requirements for pipeline valves implemented with ISO 9001:2015&/or API spec Q1. This research examines the effect of this certification onthe performance of the business with respect to many aspects. A questionnaire was sent to professionals in the industry over geographies. 6 of 7 variables were significant (ANOVA p-value <0.05). Cluster analysis determined 3 groups of respondents: those believing this certification provides good, great and excellent benefits. Industry professionals surveyed believe that API 6D and QMS certification are valuable additions to valve manufacturers in oil and gas industry to boost their business performance.

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Published

2022-12-01

How to Cite

Gandhi, M. K., Chaudhari, D. C., & Vanarase, R. (2022). Importance of Product Certification (API Specification 6D) and QMS Certification for Valve Manufacturing Industry on its Business Performance. Journal of Applied Management- Jidnyasa, 14(2), 24–43. Retrieved from https://simsjam.net/index.php/Jidnyasa/article/view/172812

Issue

Volume 14, issue 2, July-December 2022

Section

Articles

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