Employee Empowerment In the current era, “Employee empowerment” has turn into the new hot topic in organizational culture. Although it has been embraced by big multinational businesses, there are still lots of organizations that are new at it especially in the developing countries. Employee empowerment consists of many key elements and yes it can [...]
The Cp and Cpk are well known capability indices commonly used to ensure that a process spread is as small as possible compared to the tolerance interval (Cp), or that it stays well within specifications (Cpk). Another type of capability index exists which is referred to as CPM. This capability index is much less [...]
Cross training simply means improving the employees with training them to do the different part of the organisation’s work. To further explain, we can say training an employee A to do the work of employee B and training the employee B to do the work of employee A. There are several advantages for the [...]
The professionals of supply chain management experience the task of facilitating a plausible and clear networking business setting very often, an environment which is free from dishonesty, fraud, corruption and nonconformity. According to experts a business entity should never risk the reliability and trustworthiness of their supply chain management practices, even in their premature [...]
What is ABC Analysis When we talk about ABC analysis steps in light of Inventory optimization in supply chain, it means a method of inventory categorization in which items are divided into three classes A, B and C. A indicates the most important items and C indicates the least important ones. Objective of ABC [...]
PDCA cycle is a potent tool for continuous improvement that is able to improve anything. It looks effortless, but it is an exceptionally powerful tool. The more you use this tool, the more improvement you will witness. So, PDCA stands merely for Plan, Do, Check, and Act. Some people refer PDCA as PDSA, and [...]
Total Productive Maintenance (TPM) is a way of keeping and improving the reliability of manufacturing and quality systems by means of procedures, equipment, machines, and human resources that increase the value of business in an organization. Basically this system emphasizes on maintaining the entire equipment’s in their best working condition to stay away from [...]
Why do we need audits? Have you ever thought about the primary and secondary objectives of auditing? There is a common misconception that auditing is only required in case of large, more complex entities, however the cost/benefits of an internal audit function are just as important for small companies. What is Auditing Audit is [...]
You ever feel like there is something wrong, but you can’t put your finger on it? Well, before you can fix the problem, you need to recognize it first. The longer you stay in that one place, the more you’ll struggle in seeing the problem, which we call “waste.” It is the waste around [...]
How to get ISO 9001 certification? To put it in simple steps then following are the tasks to take, prepare your quality management system, select a certification body, apply for it, get an audit and ultimately acquire the certificate. It is not as stress-free as it sounds above as it only was an overview [...]
