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Quote of the Day

Management by objective works - if you know the objectives. Ninety percent of the time you don't.

Peter Drucker

Supply chain management

Concept Briefing:

Supply chain management - SCM is the process of planning, implementing, and controlling the operations of the supply chain with the purpose to satisfy customer requirements as efficiently as possible. Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption.

Continue reading 28 Jan 2007 00:11:24

Plan Do Check Act

Concept Briefing:

Plan Do Check Act - PDCA, also "Deming Cycle", "Shewhart cycle", or "Deming Wheel", is an iterative four-step performance improvement or quality control strategy.

Continue reading 27 Jan 2007 20:18:15

Balanced Scorecard

Concept Briefing:

Balanced Scorecard - BSC is a method for measuring a company's activities in terms of its vision and strategies. Balanced scorecard gives managers a comprehensive view of the performance of a business by measuring a business not only from a financial perspective but from a more-balanced multi-perspectives as below:

Continue reading 21 Jan 2007 09:53:03

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