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3P LEAN

The Production Preparation Process (3P), a powerful tool for taking a large-picture view of how products are designed and manufactured, is powerful. It helps teams to brainstorm ideas, and then narrow them down to a product that can be implemented....

Alternative Hypothesis (Ha)

An alternative hypothesis (Ha) states that there is a statistically significant relationship between the two variables. The null hypothesis says there is no statistical relationship between the two variables. There are many types of hypotheses...

7 Wastes of LEAN

The 7 wastes of LEAN management means that it is essential to eliminate wasteful activities in order to build a successful business. This idea is an integral part of Lean Thinking, which helps you increase your profitability. Toyota Production System is the source of...

Business Process Management System (BPMS)

Business Process Management Systems’ key advantage is its ability to allow users to actively contribute to the improvement of business processes using simple and intuitive tools. These benefits can be attributed to three components: process building, execution...

Business Process Quality Management

Often, business process quality management (BPQM) is abbreviated to process management. It can also be called reengineering. An organization can use a variety of different methods to align its various components with its customers’ needs. Business...