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Operations Management

IS YOUR BUSINESS DATA SECURE AND FUTURE READY?

IS YOUR BUSINESS DATA SECURE AND FUTURE READY

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IS YOUR BUSINESS DATA SECURE AND FUTURE READY?

IS YOUR BUSINESS DATA SECURE AND FUTURE READY? read more

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How to Find the Best Inventory Management Software?

Best Inventory Management Software

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How to Find the Best Inventory Management Software?

How to Find the Best Inventory Management Software? Inventory management is an important task for all business organizations. It helps them to maintain a decent level of availability of goods and sell products and services in great numbers. Inventory management determines the fate of companies as it is the main cause of the failure of 95% of failed start-ups. Mismanagement in company’s stock hurts in financially and results in the wastage of valuable resources. read more

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Fredrick Winslow Taylor: The Father of Time and Motion Theories

Frederick Winslow Taylor

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Fredrick Winslow Taylor

Fredrick Winslow Taylor   is one of the few personalities who made tremendous impact on modern management system and made bare the enigma of productivity at the height of industrialization taking place in the late 19th century in the USA. He is now rightly referred to as the father of scientific management, the phrase 1st developed & coined by him. read more

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Japanese Management – Meaning and Components

japanese management

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Japanese Management and Productivity

Japanese Management. read more

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Quality Circle

Quality Circle

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Quality Circle and Productivity

Quality circle as a method was developed & introduced in Japan by Dr. Kaoru Ishikawa who has gone into history as the father of Quality Circle. Since inception in 1962 in Japan it has become very popular & effective tool of quality and productivity improvement. QC in an extension of Mc Grrgor’s Y theory which espoused that average employees read more

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Group Work, Flexible Layout and Productivity

GROUP WORK, FLEXIBLE LaYOUT and PRODUCTIVITY

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Group Work, Flexible Layout and Productivity

Group Work, Flexible Layout and Productivity. Work study & Henry Ford’s mass production line based on division of labor worked miracle for a few decades. But with time the division of labor implying assigning a simple repetitive task to operators started showing its ugly face. read more

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Porter Five Forces Model

Porter Five Forces

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Porter Five forces model

Porter five forces are very important from the view point of strategy formulation. The potentiality of these forces varies from industry to industry. These forces jointly determine the profitability of industry because they form the prices which can be obtained, the costs which can be borne and the investment required to compete in the industry. Before taking effective strategic decisions, the managers can use the five forces porter’s framework to fix the competitive structure of the firm. read more

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