September 7, 2022
Once you calculate all of your hidden costs associated with your Total Cost of Ownership you may find that low wage labor costs are not the whole story.
June 13, 2022
Whether you are a manager in a large international corporation or run your own small business, chances are that business process management does rear its head in your everyday activities. Business process management (BPM for short) exists to ensure that employees, clients and other stakeholders reach a mutually satisfying business result in the shortest amount of time.
September 20, 2021
As a manufacturer, you likely have to deal with large investments and the high costs of production, which is also referred to as the Cost of Poor Quality (COPQ), that often represent one of the biggest issues in the industry. If that is the case, finding new, smart ways to save money in an effort to increase your profit margin might be your number one priority. How can manufacturing companies reduce costs?
July 7, 2021
The focus in a lean thinking paradigm is to eliminate lean waste, or muda (the Japanese word for "waste"). So, what is lean waste?
May 2, 2021
Understanding your COQ or COPQ provides quality with the ability to explain quality to management using management's language of cost.
April 20, 2021
Every business should embrace new trends of technologies to make it in today’s competitive markets. One of the technologies most people are implementing in their business is IT automation. Automation tools help businesses to reduce manual intervention. Learn about why automation important in business.
April 5, 2021
How much time is needed for process improvement? It's important to know how long it takes to achieve your objectives and what other resources you'll need.
March 19, 2021
In the health and safety department, a lot has changed in a mere 14 or so months. Let’s take a look at some of the health and safety changes in the workplace we’re expecting to see this year and how they’re going to complement each other in creating a better workplace.