-Gunjan Subedi (M.Pharm, SS Black Belt, PMP, Certified Scrum Master) Although in some parts of the world, stock prices have blown through the ceiling, nothing after COVID will be the same considering the graphs and analysis of the past recession and depression. The temporary glitch could be a correction and people’s desperate enthusiasm after some Read more about TOP 10 professional SKILLS and COURSES you should be looking to thrive after COVID crisis.[…]

Goals are ambitions or effort for the desired results. Business tycoons, Top-level athletes, or any top-level performers and achievers in all fields all set goals. Setting smart goals gives you long-term vision and short-term motivation. Goals should be SMART. SMART means Specific Measurable Attainable Relevant Time Specific Specific goals When you set a goal, you Read more about Setting SMART goals[…]

Takt time is rate and pace of production of something to meet the customers’ requirement. It denotes the RATE and PACE of production TAKT time= Planned production time/ Customers’ Demand It gives an idea about what should be the production rate so that customer’s demand are adequately met. To understand takt time in depth let’s Read more about Takt time, Takt time calculator, Takt time excel[…]

Hoshin Kanri is a Strategic Improvement System and a Core Component of TQM (Total Quality Management) It originated during the 1960s and evolved from Statistical Quality Control techniques. Hoshin simply means Policy, Principle, Direction and Kanri means Supervision, Administration, Management In Japanese term, Hoshin means shining needle pointing direction, as in compass and Kanri means Read more about Hoshin Kanri[…]

DMAIC Process is quality and improvement strategy used in Six sigma and Lean six sigma projects for the attainment of any particular solution. It is composed of five distinct phases: Define, Measure, Analyze, Improve and Control D-Define in DMAIC Process Project is defined- This also includes defining the problem (type, size and nature of the problem), Read more about DMAIC Process[…]

What is a Muda? Muda is a Japanese word meaning futility or uselessness Two types of Muda Muda Type I: non value-adding, but necessary for end-customers. These are usually harder to eliminate because while classified as non-value adding, they may still be necessary. For example, while an end-customer might not view quality inspection in car Read more about MUDA[…]

Value Stream Mapping (VSM) is a lean visual tool that represents the flow of material and information as the product goes through the production process. It is basically used in manufacturing sectors though can be equally beneficial in the service and complex business operations too. Uses of Value Stream Mapping VSM in other business sectors- Read more about Value Stream Mapping[…]

Single Minute Exchange of Dies (SMED in short) is the process of changing and exchanging of dies and other tools in 9 or less minutes. Shigeo Shingo developed it for Mazda. The term gained a popularity from his book – Revolution n manufacturing  Single Minute Exchange of Dies SMED system. Changeover: It is the process of changing of Read more about Single Minute Exchange of Dies SMED[…]

Weighted matrix is an another alternative to PUGH or decision matrix though both have a very wide usage. From earlier blog post about PUGH matrix click here to access, we know that it was primarily developed as a decision model or decision matrix or problem solving matrix. It helps to choose between list of different alternatives Read more about Weighted Matrix[…]

When PUGH matrix (also called decision matrix) was developed by Stuart Pugh (he was head of design division at the University of Starathclyde in Glasglow, it was primarily developed as a decision model or decision matrix or problem solving matrix. It helps to choose between list of different alternatives. A Pugh matrix is used to Read more about PUGH matrix- Decision Matrix[…]