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What Is DMAIC Model?
When studying Six Sigma at any certification level, the most important method you will learn is DMAIC Model. This acronym stands for Define, Measure, Analyze, Improve, and Control. Furthermore, it helps solve problems where the solution is not always clear. Many time when using Six Sigma, your goal is to improve a business process. This could mean increasing the efficiency, reducing waste, or deterring production defects. But, how exactly do you accomplish these goals? DMAIC
Rising demand from small and medium-sized enterprises and the growing electrical and electronics industry are driving the growth of the Vietnam Robotics Market in the forecast period, 2022-2026.
According to TechSci Research report, “Vietnam Robotics Market By Component (Hardware and Software), By Type (Articulated, Cartesian, SCARA, Cylindrical and Others), By End User (Healthcare, Media & Entertainment, Aerospace & Defence, Logistics, Automotive and Others), By Region, Competition Forecast & Op
According to a new market research report, “The Global Medical Waste Containers Market was valued at $3.65 Billion in 2020. Growing at a high CAGR of more than 7.4% between 2021 and 2031, it is estimated to reach $8.12 Billion by 2031", as per the latest market research report titled Global Medical Waste Containers Market - Global industry analysis, size, share, growth, trends, and forecast, 2021-2031.
Medical waste containers are generally used to contain body parts, organs, non-viable fetuses,
High-end foreign investments and the growing middle-class population are driving the growth of Vietnam Blockchain Market in the forecast period, 2022-2026.
According to TechSci Research report, “Vietnam Blockchain Market By Component (Platforms and Services), By Provider (Application, Middleware, and Infrastructure), By Type (Private, Public, and Hybrid), By Organization Size (Small and Medium Sized Enterprises, Large Enterprises), By Application Area (Transportation and Logistics, Food & Agricul
According to a new market research report published by sheer analytics and insights, “The Global Antifouling Coatings Market was valued at $3.65 Billion in 2020. Growing at a high CAGR of more than 8.4% between 2021 and 2031, it is estimated to reach $8.14 Billion by 2031", as per the latest market research report titled Global Antifouling Coatings Market - Global industry analysis, size, share, growth, trends, and forecast, 2021-2031.
The global Antifouling Coatings Market is getting more popul
According to a new market research report published by sheer analytics and insights, “The Global Industrial Pump Market was valued at $25.3 Billion in 2020. Growing at a high CAGR of more than 10.7% between 2021 and 2031, it is estimated to reach $78.3 Billion by 2031", as per the latest market research report titled Global Industrial Pump Market - Global industry analysis, size, share, growth, trends, and forecast, 2021-2031.
The global Industrial Pump Market is getting more popular than ever.
October 18, 2021
Source: MIT SLOAN MANAGEMENT REVIEW
Like their peers in banking and finance, insurance companies are being thrust into environments characterized by new business models, rapid digitalization, innovative solutions, and deeply engaged customers. To sell their products and services, insurers must focus on customer experiences and the ecosystems they engage in. Creating value throughout the customer journey requires that insurers increase co
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Managing business continuity and information security is critical for risk management and compliance in an era of digital transformation. These two considerations are essential for businesses to remain current, stable, and healthy in the market, with an internal alignment consistent with best protection practices.
These notions are similar and, as a result, may be misunderstood. In this regard, the objective is to understand what each one entails and how they interact. Additionally, to provide
According to ChemAnalyst report, “Liquefied Natural Gas Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Liquefied Natural Gas (LNG) market has witnessed significant growth as it reached 390 million tonnes in 2020 and is anticipated to achieve a healthy global CAGR of 5.00% in the forecast period until 2030. Due to rapid industrialization and ur
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Higher accessibility to smartphones and Affordability of online courses is expected to drive the growth during the forecast period.
According to TechSci Research report, “India Online Learning Market By Type (Academic, Corporate, Government), By Deployment Mode (On-Premise v/s Cloud), By Vendor (Content Provider v/s Service Provider), By Learning Mode (Self-paced v/s Instructor-led), By Learning Type (Synchronous v/s Asynchronous), By Technology (Mobile E-learning, Learning Management System, App
Video: The Technocratic Dictatorship: Sacrifice
or Revolt? Why the ”Why-question” Is Not Asked
Global Research, December 06, 2021
Every child asks questions. Questions on the why of things, the when, the who, the where and the how.
Adults do not so often ask such questions. Especially not, when these are of utmost significance and urgency – such as in today’s comprehensive crisis pertaining to nature, society, civilization and life itself.
Why not?
One example of this
Editor's Note: If you are interested in becoming an expert on Supply Chain Management (SCM), take a look at Flevy's Supply Chain Management (SCM) Frameworks offering. This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. By learning and applying these concepts, you can stay ahead of the curve. Full details here.
The conventional Business Model for Manufacturing is in the process of
In this week’s blog post, we’re sharing insights based on our second interview with Helen Fanucci, a Digital Transformation Sales Leader, Team Builder and Strategic Thinker at Microsoft. She is also an Educational Counselor for Massachusetts Institute of Technology, where she recruits and interviews the next generation of technology leaders.
Helen has started her career as an engineer, as a graduate from MIT and started working for IBM. She shares, shortly into her career, she has realised that s
Having a strong Environmental, Social & Governance (ESG) program is becoming a necessity for businesses to save money and uncover opportunities to survive and prosper.
Take a deeper dive into ESG and download this eBook where you’ll uncover the fundamentals of ESG and find out how to demonstrate and improve your credentials. It will take you through the path to ESG maturity and share steps to make your ESG performance measurable in a reliable, repeatable way. Plus, it will show you the many way
Business Transformation initiatives are typically undertaken to solve a pressing issue, bring about improved performance, or to serve customers better. A critical element of the success of such initiatives entails transforming the existing behaviors of the employees across the organization. However, this isn’t a straightforward task.
Attitudes and practices get reinforced in people by following established routines day in and day out. Such practices become a part of an Organizational Culture o
