How to get started with business metrics utilization?
Analyzing business metrics is pertinent to studying car dashboard, in a stormy weather. One needs to be aware of car’s fuel light, tire’s deterioration rate, engine maintenance, aesthetics, comfortable interior etc. When all the anticipated standards are met, than one feel cozy in taking a car for a long ride. Similarly, in business one must […]
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 […]
Big Data: Hike in Industrial Manufacturing
In the last two decades, many manufacturers around the world have enjoyed a surge in the profit bottom-line through the implementation of Lean Six Sigma initiatives within their systems. Although, many get benefitted with the optimization approach, but still some vacuum tend to be left in certain sectors like pharmaceuticals, mining etc. As per the […]