Operation planning serves as the cornerstone of organizational success. It's the meticulously crafted roadmap that transforms raw materials and resources into desired products or services. This intricate process ensures production meets customer
Operations Management
A Guide to Quality Management: Achieving Excellence in Operations
Quality management is a systematic approach to ensuring that products and services consistently meet customer requirements. It encompasses a variety of methods and philosophies designed to minimize errors, improve efficiency, and ultimately achieve
Streamline The Operations: A Guide to Lean Production
In today's competitive manufacturing landscape, optimizing production processes is crucial for survival and growth. Lean Production offers a systematic approach that empowers businesses to achieve this goal. By minimizing waste, maximizing
Optimizing Production: A Guide to Choosing the Right Method
Every business needs a well-defined production method to transform raw materials into finished goods. The chosen method dictates how resources are allocated, products are created, and overall efficiency is achieved. Understanding the
Business Process Management: Improve Efficiency & Gain Advantage
What's it: A business process refers to a series of interrelated actions, activities, or work to achieve a business goal. They shape the business operation and, therefore, must be done.Companies usually group internal processes into several
Manufacturing Process: Definition, Examples, and Types
What’s it: The manufacturing process is the work steps and actions involved in converting inputs into outputs. Inputs can be raw materials, semi-finished goods, or components. Meanwhile, the output can be finished or semi-finished goods.
Value Chain Analysis: How to Do It?
Value chain analysis requires us to examine in detail the various activities within the business. Then, we evaluate them to see where and how businesses can create value for customers. It is useful to understand opportunities to add
Value Chain: Definition, Importance and How it Works
What's it: A value chain is the various activities within a business, supporting each other and contributing to creating value for customers. This concept provides a framework for visualizing which areas a company can add value to and how
Production: Meaning, and Methods
What's it: Production is the process of creating goods and services using resources. It adds value if the output value exceeds the input used value. In broader terms, it is an organized process of adding value to goods and services.For
Just-In-Time: Meaning, How It Works, Pros and Cons
What's it: Just-in-time (JIT) is a system for reducing production times and response times from suppliers and customers. Toyota introduced this system for the first time in Japan in the 1960s and 1970s.Why just-in-time
Mass Customization: Meaning, Types, Advantages, Disadvantages
What's it: Mass customization is a technique for modifying something according to our needs and on a large scale. For example, in a production company, a company modifies and adjusts its output to demand using flexible manufacturing technology.
Warehousing: Meaning, Types, Pros, and Cons
What's it: Warehousing is a set of activities involved in receiving and storing goods in a warehouse, then preparing them for sending back. Warehousing is highly essential for the smooth running of a business. If effective, it makes goods