Supply Chain Management

Machine Ledger: A Revolutionary Technology for Supply Chain Management

Machine Ledger is a revolutionary technology changing the way supply chain management is done. It is a digital ledger technology that allows for the recording and tracking of transactions transparently and securely. It is often referred to as a “distributed ledger” or “blockchain” technology. One of the key benefits of Machine Ledger is its ability to provide real-time visibility into the entire supply chain. This allows businesses to track products as they move through the…

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Process Excellence

Quality Assurance vs Quality Control: Understanding the Differences

Quality assurance and quality control are two essential concepts in the field of quality management. While they are often used interchangeably, they are different. This blog post will discuss the differences between quality assurance and quality control and how they work together to ensure that products and services meet the required quality standards. Quality assurance (QA) is a process that is designed to prevent defects from occurring. It is focused on identifying and eliminating the…

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Process Excellence

The Importance of ISO 9001:2015 in Quality Management Systems

ISO 9001:2015 is an internationally recognized standard for quality management systems. It sets out the requirements for a quality management system and provides a framework for organizations to follow to improve their performance. This blog post will discuss the requirements of ISO 9001:2015 and the benefits of implementing this standard in your organization. ISO 9001:2015 is divided into two main sections: the first section sets out the requirements for the quality management system, and the…

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Process Excellence

Case study on improving productivity by reducing operation costs using Six Sigma as a process improvement methodology

Company: XYZ Manufacturing Industry: Manufacturing of consumer goods Problem: XYZ Manufacturing was facing a significant increase in operation costs, impacting the company’s overall productivity. The management team identified that reducing operating costs was critical to improving overall productivity and maintaining a competitive edge in the market. Solution: The management team implemented Six Sigma as a process improvement methodology to reduce operation costs. Six Sigma is a data-driven approach that uses statistical methods to identify and…

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