TRIZ: Curvy thinking paradigm for problem solving
The metamorphosed environment of todays industrial world has made it clear, that , only an organization or individual adaptable to changes, willing to transform the processes as per global metrics can withstand the envisioning era of disruption. Many global giants are on their way to become a bigger behemoth while the other medium enterprises are […]
Getting started with Benchmarking types: Demystified
In our last post regarding benchmarking, a generic light is shed over the subjected terminology. Now, let us cast an eye over the generic types involved in a subject. There may be a multiple number of benchmarking notions, but here we will focus over the major shots. Internal Benchmarking It allows organizations to do scrutinize […]
Industrial Benchmarking: Demystified
It has been a trait of mankind to constantly seek a better way of doing things. From an ancient times to todays technological hype, no one really seems to be contented, when it comes to managing process in business industry. Amidst of massive inventions & demystified advancements, a trait following which many modern continuous improvement […]
Industrial Process Capability Terminologies: Demystified
When it comes to analyzing the current parameters against customer requirements or designate metrics, than Process Capability comes into a play. It is typically defines as, The inherent variability of characteristic of a product It represents the performance of the process over a certain period of stable operations. If process always conforms to the process […]
Industrial Critical to x requirements: Demystified
In an era of rapid changing customer requirement, industrial parameters are facing cumbersome situation to adapt the prevailing norms. What seemed to be a pompous invention a decided ago, holds a little significance today. The reason is, world is facing a new disruption, in terms of technological & digitization intervention. How come a company can […]
Data Types & Measurement Scales
Data Data is a sophisticated & factual base behind any information, without which no theory or prediction can hold any significant value. Example Global warming is increasing per year. (Vague information) Global warming is increasing at 0.25% rate per year. (Factual thing) Thus, data is a base of everything, as Albert Einstein beautifully crafted it […]
How to Track the Project?
Project A project is a unique, transient endeavor, undertaken to achieve planned objectives, which could be defined in terms of outputs, outcomes or benefits.Basically it follows a certain equation, in terms of execution. Y =f(x) It entails that, x inputs are transformed by Function f into outputs y.Thus, a project involves a certain flow encompassing […]
Industrial Cost of Quality: Demystified
In an Industrial world, very often, quality is either neglected or perceived as a jet-rocket roaming around the world. Especially in underdeveloped countries, it is believe that ultimate concerned entity is a product, not qualitative entity. Reluctance to comprehend the benefits associated with developing a quality culture is costing a fortune to industrial sector in […]
Value Stream Mapping: A Reviving Journey for Industrial Sector
Those who cant envision the future, wont have one In life, a constant and most frightening phenomenon is change. It is pertinent to shifting from being a vegetarian to non-veg (in a typical life). But how does this change impact global players? How come some corporations keep rising higher while other competitors begin t fade […]