Manufacturing

What is a flowchart? | Benefits | Examples | Use flowcharts

Flowchart is a type of pictorial diagram, which shows each step of work processes and systems in symbolic form with brief description step by step. This chart is called a “flowchart” because of its symbolism, as it shows the direction of flow of processes through symbols. This diagram shows all the steps of the processes […]

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What are the manufacturing costs? And how to reduce it?

Manufacturing costs | If the manufacturing cost is reduced then there will be huge expenditure of the organization or there will be cut in provision. Know this thing that no matter how useful you are and how popular your product is in the market. If it cannot make the organization financially profitable and effective. It

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Principles for Sustainable Innovation in Manufacturing

Sustainable Innovation | To stabilize in today’s global market is very difficult for any organization, where being very huge competition. For the growth and success of any business may need some extra efforts. Innovation is one of the ways that helps any business to stand in the market to sale their products with profitability. There

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Eight Disciplines (8Ds) in Quality

The Eight Disciplines for Problem Solving (8D’s) refers to the process designed to find the root cause of a problem in order to find the best solution. The main objective of this process is to create a short-term change and implement a long-term solution to prevent the radiating problems altogether. When it is confirmed that

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What is Lean Manufacturing? | It is Mindset

Lean manufacturing, or lean production, is a methodology that is a systematic way to reduce waste within production systems without sacrificing productivity. Lean manufacturing actually builds upon a system of eliminating waste within the manufacturing system. It considers the waste generated from uneven workloads, and overburden, and then minimizes them to increase value and reduce

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Business Model Canvas | Examples

The business model canvas is a strategic graphic representation may contain consecutive of variables that show the values of new or existing business model. Most of businesses are using this model to ensure status of a business, it may include customers, financial, products’ value proposition, infrastructure and potential channels. Business Model canvas components Business Model

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