ISO 9001

What is risk analysis?

Risk analysis is a technique used to identify and evaluate factors that may jeopardize the success of a project or the achievement of goals. In other words, risk analysis is the process of identifying and analyzing potential issues that could negatively impact important business initiatives or critical projects, in order to help organizations, avoid or

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What is an inventory control system?

Inventory Control System |Each store shall have the systems and procedures used to control stock. Regardless of the system, calculations are important and accurate stock counts are vital. Although there are many stock control systems available, it is pertinent to know what information should be provided, efficient stock control system:     Unit control  

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What is a flowchart? | Benefits | Examples | Use flowcharts

Flowchart is a type of pictorial diagram, which shows each step of work processes and systems in symbolic form with brief description step by step. This chart is called a “flowchart” because of its symbolism, as it shows the direction of flow of processes through symbols. This diagram shows all the steps of the processes

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Eight Disciplines (8Ds) in Quality

The Eight Disciplines for Problem Solving (8D’s) refers to the process designed to find the root cause of a problem in order to find the best solution. The main objective of this process is to create a short-term change and implement a long-term solution to prevent the radiating problems altogether. When it is confirmed that

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Business Model Canvas | Examples

The business model canvas is a strategic graphic representation may contain consecutive of variables that show the values of new or existing business model. Most of businesses are using this model to ensure status of a business, it may include customers, financial, products’ value proposition, infrastructure and potential channels. Business Model canvas components Business Model

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