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Performance Assurance Reporting and Monitoring System (PARMS) is a database that contains information about how Suppliers and their Supplier Hubs are performing. PARMS data is used primarily to support the Performance Monitoring and Reporting technique, which is part of ELEXONâs Performance Assurance Framework.
Quality management system. A quality management system (QMS) is a set of interrelated or interacting elements that organizations use to formulate quality policies and quality objectives and to establish the processes that are needed to ensure that policies are followed and objectives areachieved.or example, ISO 9001 2015 uses the terms risk-based thinking, process approach, and process-based quality management system, but doesn t formally define what these terms mean. We ve addressed this shortcoming by considering how the standard uses these terms and by using other definitions to construct a new definition.