Many businesses use quantitative data to assess the performance of their products and departments. Quantitative data can be measured in many ways, including discrete and continuous data. Understanding the differences between these data types and how they are collected...
Delivering the right value to your customers at the right moment is a key part of keeping them loyal. Toyota, looking for a solution, developed “continuous-flow” in the mid-20th century. This is a better alternative to batching, which is the way...
Cycle time is a critical metric in manufacturing that measures the time taken to complete a task or a collection of tasks from start to finish. This concept is fundamental to assessing and improving process and equipment performance, much like cash flow is used to...
Critical to Quality Tree Critical to Quality (CTQ), Trees can help to understand the quality of your customers’ eyes so you can deliver the products they want and need. Quality is essential, whether you are developing a new product, or service, or refining an...
Business Process Management (BPM) is a systematic approach to improving organizational workflows and operations. This comprehensive methodology helps companies optimize their business processes through analysis, design, implementation, and continuous monitoring. The...