Profitable Processes
Using Triz and HOQ/QFD right will put you in the top percentile of innovators. TRIZ and House of Quality of Quality Function Deployment stand out as two seminal methodologies that have transformed the approach to product development. But the innovation toolbox doesn’t end there. In today’s fiercely competitive business landscape,
DFSS and NPI, or Design for Six Sigma (DFSS) and New Product Introduction (NPI) are methodologies used in developing products or services but have different focuses, scopes, and methodologies. Here’s a comparison of the two: DFSS AND NPI COMPARED In essence, while there is some overlap between DFSS and NPI—especially
Disruption, innovation … in the dynamic business world, disruption is the game’s name. We’ve witnessed repeatedly how companies that dare to innovate, challenge norms, and pivot swiftly often leave a lasting mark in their industries. But what lies at the heart of these disruptive ventures? Is it mere luck, or
Lean Startup? The startup world is notoriously tumultuous, with many ventures falling by the wayside before they even find their feet. Historically, startups operated under the assumption that once a product was perfected, customers would naturally flock to it. More often than not, they were left waiting for a stampede
As we traverse the Fourth Industrial Revolution, often called Industry 4.0, there’s a palpable synergy between the novel technological paradigms it introduces and the age-old principle of Continuous Improvement (CI). Manufacturing Operations Management (MOM) is the linchpin connecting these two domains, ushering in a new era of manufacturing excellence. This
Operational Excellence and Environmental Sustainability is a key topic. In today’s rapidly evolving business landscape, Continuous Improvement (CI) and Operational Excellence (OpEx) are often heralded as the champions of productivity and quality across many industries. Typically, discussions around these methodologies focus on their application for enhancing profit margins and operational
In the dynamic concert of business operations, Data Analytics and Business Intelligence (BI) are akin to two virtuoso musicians, each with distinct melodies yet harmonising splendidly to create a melodious symphony of informed decision-making. Defining the Melodies Before delving into their confluence, it’s instrumental to understand the distinct notes that
Process mapping tools are coming onto the market one after the other. In operational excellence and continuous improvement, process mapping emerges as the linchpin that holds together the complex mechanics of business operations. It’s akin to having a bird’s eye view of a maze, clarifying how different parts interact and
Continuous Improvement in the Supply Chain. Adaptability and continuous refinement form the bedrock of enduring success in supply chain management. As the intricacies of modern supply chains spiral, the doctrine of Continuous Improvement (CI) emerges as a linchpin for operational excellence. While CI isn’t a newcomer in this narrative, its
Continuous improvement in procurement following a merger or acquisition. Ah, mergers and acquisitions, the corporate equivalent of a whirlwind romance—often just as complicated and almost always demanding operational finesse. While the boardrooms buzz with synergy discussions and stakeholder expectations, the often-overlooked procurement department becomes a sort of “No Man’s Land.”
