A reliability-centered maintenance (RCM) program carries many potential benefits for an organization that wants to ensure the long-term viability of
Basic Principles of a Reliability-Centered Maintenance (RCM) Program
A reliability-centered maintenance program is a useful tool in contexts where the long-term viability of a product or system is of critical value, and
Taguchi Methods and How They Apply to Manufacturing
The Taguchi methods can be seen in many industries nowadays, and they've become an integral part of the optimization strategies of many companies. And
[VIDEO] The Challenges of Demand Management
The function of recognizing all demands for goods and services to support the marketplace. It involves prioritizing demand when supply is lacking.
Demand Management Creates a Balance Between Supply and Demand
Demand Management allows an organization to create a more efficient supply chain. The best way to create efficiency is through transparency and
Applying Six Sigma to Your Company’s Pricing Strategy
There are many factors that can contribute to a defective pricing strategy. Of these the most fundamental are poorly designed processes or those which
Cost of Poor Quality (COPQ): Using it to Drive Business Improvement
Cost of Poor Quality (COPQ) investigates the costs that result from the provision of poor quality goods and services in order to find ways to improve
Saluting Our Heroes on Memorial Day
On Memorial Day, we honor all the men and women who have fought in our armed forces. Here at Shmula, we want to take the time to think about what
How to Target Pricing Operations with Six Sigma (and Why)
Today, many companies have managed to get the balancing act of getting costs down and handling manufacturing inefficiencies right. This can mostly be