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Home » Operations Management

Bonded Warehouse – Definition, Types and Advantages

November 29, 2021 By Hitesh Bhasin Tagged With: Operations Management

Bonded Warehouse

A bonded warehouse is a secured place for imported goods (known as bonded goods) or duty payable goods for storing them closer to foreign customers…

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Process Documentation | Importance, Goals and Steps

December 5, 2020 By Hitesh Bhasin Tagged With: Operations Management

Process Documentation

Several different processes make up a business. The different processes that constitute a business need constant reviewing and improving. These processes are generally improved based…

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Types Of Resources: Natural and Man-Made Resources

November 17, 2020 By Hitesh Bhasin Tagged With: Operations Management

Types of Resources

A resource is defined as something that is considered useful and valuable by human beings. It is a supply or a source that has utility…

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What is Operational Excellence and its 10 Core Principles

September 21, 2020 By Hitesh Bhasin Tagged With: Operations Management

Operational Excellence

There is no business in this world that does not require improvement. There is always one or two areas in the business that could be…

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Critical To Quality (CTQ) Definition – Process and Benefits

July 11, 2020 By Hitesh Bhasin Tagged With: Operations Management

Critical to Quality

What is Critical to Quality? Critical to Quality is the conversion of Critical to Customers factors into certain measurable and controllable manufacturing and/or delivery processes….

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Lead Time – Definition, Examples, and Importance

July 11, 2020 By Hitesh Bhasin Tagged With: Operations Management

Lead Time

Lead time can be defined as the total time elapsed between the initiation of a process and the completion of the process. What is Lead…

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What is Kanban? Principles and Benefits

July 4, 2020 By Hitesh Bhasin Tagged With: Operations Management

The History of the Concepts of Kanban

Kanban is a workflow method to manage and visualize your work progress and can be used for increasing your efficiency. Kanban is a framework that…

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Operations Management Definition and Principles

June 18, 2020 By Hitesh Bhasin Tagged With: Operations Management

Operations management

Business operations are an integral part of every business, irrespective of the industry. It will be helpful to know all the necessary processes that are…

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Production Capacity – Definition, Calculation And Examples

June 18, 2020 By Hitesh Bhasin Tagged With: Operations Management

Production capacity

Definition Production capacity is defined as maximum production or output, which can be produced in business with the help of available resources. The capacity is…

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Incidence Rate – Definition, Meaning, Types, Examples

March 8, 2020 By Hitesh Bhasin Tagged With: Operations Management

incidence rate

Definition of the incidence rate The incidence rate is defined as a frequency evaluator that helps to measure an incident or a disease etc. that…

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10 Strategies to Minimize Waiting Time of Customer

March 6, 2020 By Hitesh Bhasin Tagged With: Operations Management

Meaning of waiting time

Waiting time is defined as the time in which a person has to wait to acquire a specific service or action after placing a request…

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Aggregate Planning – Definition, Importance, Strategies And Advantages

August 24, 2020 By Hitesh Bhasin Tagged With: Operations Management

Importance of aggregate planning

Definition: Aggregate planning is a planning method in the production process which is also considered a marketing activity used to determine the required resource capacity…

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Process Analysis – Definition, Meaning, Objectives, Advantages

March 5, 2020 By Hitesh Bhasin Tagged With: Operations Management

Process analysis

Process analysis is defined as a breakdown of a process into step-by-step phases that are used to describe and convey the output, input, and operation…

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What is Capacity Management? Role in Planning

June 18, 2020 By Hitesh Bhasin Tagged With: Operations Management

Key processes of capacity management

Capacity management involves adjusting the capacity of a resource, for instance, a system, machine or equipment to meet the planned load or demand. In business,…

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Bullwhip Effect – Example, Causes, Analysis and Consequences

July 23, 2020 By Hitesh Bhasin Tagged With: Operations Management

Bullwhip Effect

The bullwhip effect is a supply chain phenomenon in which there are inefficiencies in forecast and supply chain. The bullwhip effect refers to the fluctuating…

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