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Step in Process Selection
1. Establish the process Selection: A preliminary decision regarding process can be taken from but it stand point of function, economy, appearance, quality desired, accuracy and the volume of production.
2. Collect all the facts about the Problem: The information is obtained from part print analysts as well as from other departments in the firm. A list of machines equipment and skill available in the firm is prepared.
3. Plan Alternative Process: Find the number of processes by which the product or component can be manufactured. Obviously if only one process is capable of producing the required characteristics, then make or buy decision should be considered, based on comparative costs of self production versus procurement.
4. Evaluate Alternative Process: Usually, however the component can be made by two or more methods say. A,B, C, etc. Some of which may be at the plants disposal while others may involve subcontracts or new installations at the plant. It is therefore necessary to decide.
5. Establish that process as a standard practice after some necessary practical adjustments.
I nventory management: This refers to the method in which tangible resources and materials are handled by businesses in order to make sure resources are readily available f
Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.
what is a project organization?
Q. What is a task manager? Terminology in the project business is extremely confusing. Different people as well as different organizations use different names to mean different
Standardization of Work Processes: The interrelated processes of an organization need to be standardized which help to determine how work is organized and how customer needs
Research Process: Research process consists of a number of closely related activates. But such activities overlap continuously and do not follow a strictly prescribed sequence.
Organization's culture is the shared perception that organizational members have about its characteristics.As stated earlier, an organization's competitive advantage depends largel
Budget A budget is a financial preparation or planning and a record of all planned expenses and revenues. It is a plan for borrowing, saving and spending. A budget is a sign
Network Infrastructure: This project will require replacement of major networking components throughout the office. Virtualization will result in increased speed and reliability f
PERIL Database The Project Experience Risk Information Library (PERIL) is a database, which provides a basis for the analysis of high-tech project risk. A project can have
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