Lead time is one of the crucial factors in today's fast-paced and development business environment. Lead time is basically the time required from the shipments to be ordered and until it is received. This time calculation is vital for attaining the correct reorder formula and maintenance of stock that is essential for inventory. The [...]
ISO certifications are a set of quality standards that an organization can achieve to work effectively. These are given by ISO itself, which is an independent organization. The set of quality standards give the organization a framework in which everything is determined to a high standard and continual improvement. It gives organization credibility and [...]
Basically 5S is a philosophy and an approach of organizing and managing the workplace and course of work with the commitment of increasing efficiency by reducing waste, enhancing flow and decreasing process irrationality. It uses a list of five Japanese words: Seiri (Sort) Seiton (Set in Order), Seiso (Shine), Seiketsu (Standardize), and Shitsuke (Sustain). [...]
The term Lean comes from manufacturing practices where it was initially used to improve effectiveness in production. It is now used across a lot of industries including software houses, manufacturing industries, business companies and even the construction industry. This method is for continuous improvement in work and management. It is a simple yet quick [...]
What Is Supplier Evaluation Before exploring various supplier evaluation methods, it is important to understand the concept of supplier evaluation. Basically, supplier evaluation is evaluation of present or new supplier with reference to their cost, production competencies, delivery, management qualities, technical skills and services. It is recommended that a standard supplier evaluation plan must [...]
Lean Six Sigma Lean Six Sigma is a management approach for problem solving and process improvement by combining various tools of Six Sigma as well as Lean Manufacturing. It mainly involves procedures and methods of Six Sigma as the pillar of the system like DMAIC. Its objective is to propel focused improvements in production [...]
In simple terms customer experience analysis is a tool to measure how our product or service proves inadequate, fulfills or go beyond customer expectations. It teaches us how to preserve and raise revenue by reviewing our customers experience. It gives us the facts about how our customers are benefiting from the solutions provided by [...]
What is Cp and Cpk Basically, for a process Cp and Cpk are taken as short-term prospective capability measures. In Six Sigma it is desired to define quality of the processes in terms of sigma. The rationale behind this is that it offers a stress-free manner to state the capability of different processes for [...]
A standard operating procedure for hotels is a set of written rules on a document that are followed by the hotel. The Standard Operating Procedure (SOP) ensures the quality and consistency of service of a hotel by maintaining its quality standards. Every hotel has its own SOP and every hotel develops them according to [...]
Process Mapping Basically, a process map can be defined as a planning and management tool which visually explains the work flow. It summarizes the job duties executed to finish a particular task at the place of work. It can be utilized to provide a clear framework for production processes, business structures and management responsibilities. [...]
