Improvement in the Pharmacy Department via Lean Six Sigma
According to some renowned pharmacy technicians, the application of LSS techniques in the inpatient pharmacy department at the University of North Carolina (UNC) Hospitals brought in a great deal of...
View ArticleIncreasing Importance of Digitalizing the Value Chain
Technologies are changing how things are designed, made, and serviced around the globe and they have the potential for disruptive change. They can create value by connecting individuals and machines in...
View ArticleDesign Out Waste to get a Lean Process and Cost Savings
Stephen Covey, the renowned management thinker, said, “Start with the end in mind.” Every organization aims at meeting few common ends i.e. safe workplace, save money, save space, save time in...
View ArticleLean Thinking: A Basis for Decision Making
Lean Thinking is a form of structured thinking that aims to provide a new way to think about organizing processes to deliver benefits to the organization while eliminating waste. Understanding this...
View ArticleContinuous Improvement: Strategy to manage Inventory
According to Larry Fast (president of Pathways to Manufacturing Excellence), inventory remains a key area where we want to improve processes and eliminate waste. In the manufacturing industry, we...
View ArticleInnovation in Supply Chain Management by E-Commerce Firms
According to Saritha Rai (Contributor), e-commerce companies like Amazon, Snapdeal, ShopClues, Flipkart etc. find innovative solutions to timely delivery of their products by collaborating with Kirana...
View ArticleSteps for Implementing Lean Six Sigma
Lean Six Sigma eliminates waste of physical resources, time, effort and talent, while assuring quality in production and organizational processes. Research has shown that firms that successfully...
View ArticleBenefits of Agile Practices in Supply Chain Management
Agile practices can help companies navigate in this dynamic global economic environment. However, only a few companies are adopting these practices to improve their supply-chain performance and their...
View ArticleAgile to Prince 2 Agile: The Journey Continues….
Agile represents a group of software engineering methodologies which promise to deliver increased productivity, quality and project success rate overall in software development projects. Now, the scope...
View ArticleSolution to some Manufacturing Problems
There is a continuous fall in number of manufacturing industries due to lower profit margin or problem in operation. Here are some problems faced by manufacturing companies with their solutions: •...
View ArticleChange Managers a.k.a Project Managers
Change is the law of life. And those who look only to the past or present are certain to miss the future. - John F. Kennedy Change management is an important part of today’s business. Poor change...
View ArticleImportance of Agile and innovations in Manufacturing Companies
According to Bill Baker (President/Owner, Speed to Excellence), manufacturing companies need to be innovative. They need to keep on finding new ways to do a task. Companies and individuals need to be...
View ArticleSuggestions to Bring Efficient Supply Chain into Practice
“Analyzing and streamlining the supply chain is one way to help companies respond more quickly to the fast pace of business today while boosting operational efficiency.” - Glenn Johnson Efficiency in...
View ArticleExperience these Benefits by Transiting to Agile
Agile is the buzzword in industry today. Simply put, it is a better way of managing teams and projects by self organizing and cross functional collaboration. Ming Chan, Founder and CEO of...
View ArticleIoT + Supply Chain: Scope for Vast Opportunities
Internet of Things has taken the world with a storm. It has delivered opportunities to almost every industry and function. Supply chain is not an exception to this. With the increasing number of online...
View ArticleLean Manufacturing: An Insight
Lean Manufacturing is a business improvement philosophy which focuses on the needs of customers. Lean Manufacturing originated from the Toyota Production System. When a company reduces wastes, many...
View ArticleOperations management using Big Data
Businesses have made use of data for operations management, for decades now. Data being used for operations management involve continuous flows of information and mining of data. Such data are handled...
View ArticleBe Agile, Be More Efficient
At a time when software is at forefront of all business activities, it is surprising to know that very few business minds truly comprehend the practice of software development and options that are...
View ArticleLean Principles For On Job Training
Learning and Development experts believe that the process of learning and remembering can be broken down into four basic stages: § Sensory Memory § Working Memory § Long-term Memory § Transfer to Job...
View ArticleA Culture of Continuous Improvement
To provide correct business decisions, we need to address data quality consideration like accuracy, timely, consistency, etc. There is a sheer growth of data which needs to be accounted for and...
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