With the changing times, we all have grown drastically so have the technologies. We moved from the era of televisions with antennas to the age of smart TVs. It might seem very fast from the rear end, but it took two decades of research and innovations to land up here today. It is the same […]
Entrepreneurs are always aware of the risks in a business but do they manage the risks well? No, most startup companies fail at risk and compliance management which can be responsible for the company’s degrowth. As this is the age of Entrepreneurship, it can also be called the age of Automation. It is the primary […]
A Business works on a set of defined and designated processes, ranging from simple to very complex ones. Hence, it requires a proper management system. There ARIS tool comes. Business Process Management (BPM) is the key to decoding the success route in your business. It may sound effortless, but it has its share of challenges. […]
In a manufacturing unit filled with a diverse equipment, it is difficult to identify the faults or defects in the machinery. Hence, to make the task of operators easy, OEE was developed. It is a form of mathematical calculation that helps analyze a machine’s defects and find ways to improvise its functioning. OEE is only […]
Overall Equipment Effectiveness (OEE) is a metric that measures the functioning of a running manufacturing unit compared to its full potential. To simplify, OEE measures the percentage of productive manufacturing time. An ideal OEE is 100% which can only be possible when the quality, performance, and Availability are 100%. How to Use Overall Equipment Effectiveness […]
‘Documentation’, this word sounds very familiar to everyone, but everyone dislikes the process of documentation. It is one of the most tedious tasks in the world. At every stage in our life, documentation is one process that is mandatory and extremely important. It would be best if you had to have documents for everything, whether […]
In the highly dynamic business world where competition levels are rising every day, business owners and managers can not afford to run their organizations and companies in a chaotic manner anymore. Undefined business processes can lead to chaos that can result in low levels of productivity and inconsistent outcomes. Businesses need to have defined systems […]
Who isn’t aware of the name, ‘McDonald’s’? It is one of the biggest food chains in the world. Everybody is aware of the taste of their burgers. But did you know even McDonald’s faced huge losses when they failed to align process efficiency with process innovations? They are a food chain industry that doesn’t hesitate […]
A lot of attention to process innovations can be an obstacle for efficient business growth. Likewise, completely avoiding process innovations can also be disastrous for a business. You must have heard that successful movies are often referred to as “blockbusters,” but do you know the blockbuster company itself is now considered as one of the […]
With the rapid change in technology, the fundamental nature of businesses is also evolving very fast. The organizations which once claimed to be the world leaders in their zone are now compelled to give way to the new age technology-driven unique business models controlled by the next-gen dynamics this is where business process services come […]