Pareto chart is simply a basic quality tool to help identify frequent defects, complaints, or other factors as part of a data analysis study. It is a deceivingly simple concept which can have huge benefits when analysing data. The Pareto owns its existence to Vilfredo Pareto. The famed economist evidenced that 80% of the [...]
In our life, we often come across a point where we have to make a tough decision for ourselves such as starting a new chapter or embrace a change. At that point, we sometimes find ourselves helpless, clueless and with no solution to the problem. While assessing if and but’s of the situation, we [...]
While working in an organization and being involved in business risk management or lean methodologies, you often come across similar terms that hold completely different meanings. Similarly, there is confusion between internal audit and internal control. Internal audit and internal control differ from each other to a very great extent. This article explains the [...]
Kaizen is continuous improvements where changes are required in organization’s processes. The approach could either be a one time implementation or a step by step change over time. One of the top benefits provide by Kaizen is that it is continuous and not a time limited process. Kaizen offers the opportunity of further optimization [...]
Whether you are student, businessman, worker or professional and whether in school, workplace or office, everyone will face problems in some shape or form. You will often be required to solve them as part of carrying out your task. Some of those problems are pretty much clear and straightforward to solve; however, that is [...]
Manufacturing within companies have evolved over several years and Toyota has been one of the key players to revolutionize manufacturing through adopting just-in-time (JIT) as part of their lean manufacturing system. The methodology of this generally customed to minimize and decrease the production timeline and only produce what is required by the customer. This [...]
For a successful implementation of Kanban within manufacturing, you must ensure you have set right environment for it. The further you are from ideal situation; the more work is required to implement this system. Following are ideal situations which should be considered during Kanban implementation steps: Keep constant prediction about demand for products. Have [...]
The permit to use a kitchen for business purposes can be achieved from agency’s depending on types of products and food items you produce. You will be responsible to know and adhere to all guidelines, requirements, codes of conduct issued by governmental agencies. This can be controlled through SOP’s where it is defined how [...]
Introduction The fishbone diagram, also known as the Ishikawa diagram, is a cause and effect diagram. This tool helps to identify potential causes and find the root cause of a specific problem. Furthermore, then it helps in identifying, analyzing, and improving quality issues. Sometimes it can also be useful to identify what can go [...]
Introduction Anyone who has been in business worldwide for any period, will be familiar with the concept of continuous improvement. The logic is simple and self-explanatory and is all about continually improving your processes and how you do things in general. Benefits of Continuous Improvement There are several benefits of continuous improvement. Some of [...]
