Browsing: Transformation

Supply Chain 4.0 – the utilization of the Internet of Things, the utilization of advanced robotics, and the use of advanced analytics of big data in supply chain management: place sensors in all things, make networks all over, robotize anything, and break down everything to fundamentally improve execution and consumer loyalty.

Lean methodologies are lean since they empower a business to accomplish more with less. A lean association utilizes less human effort, less equipment, less office space, less time, and less capital- while continually coming nearer to meeting clients’ accurate necessities. 5 keys lean principles are:
Value
Value stream
Flow
Pull 
Perfection

Coaching and Mentoring are both very effective techniques and it depends on how the organization uses them to its advantage. Although we can use both terms interchangeably, there are some distinct differences between them on which you should take a look at.

Lean Management and Lean Manufacturing have extended its arms over the past few decades to take its applications in different areas, like: Healthcare, Service Sector (retail, travel, etc.), Government Services, IT & Software Development and growing Startups.