Industrial engineering - EDUCATIONLEAVES

What is Statistical Process Control (SPC)? | Concepts, Working, Benefits, Challenges

July 19, 2025July 17, 2025 by Sukanta Maiti

In a world driven by precision, statistical process control (SPC) ensures that processes remain within acceptable limits, minimising defects and maximising productivity. It provides businesses with a structured approach to monitoring, controlling, and improving quality. But what makes SPC so indispensable, and how does it work in real-world applications? Let’s explore this powerful tool in detail. The … Read more

SCM Explained: Supply Chain Management in the Age of AI

June 26, 2025May 8, 2025 by Sukanta Maiti

In today’s rapidly growing business environment, Supply Chain Management (SCM) is no longer just about moving products from Point A to Point B. With Artificial Intelligence integration, supply chains are becoming smarter, faster, and more resilient than ever before. In this article, I will explore how AI revolutionises SCM and what it means for businesses, professionals, … Read more

What is Keiretsu? Difinition, Characterstics, Benefits & Challenges, PDF

May 1, 2025April 30, 2025 by Sukanta Maiti

Keiretsu are a hallmark of Japan’s corporate landscape. It is a tightly knit network of businesses bound by mutual interests and lasting partnerships.

What is Economic order quantity (EOQ)? |Importance, Formula, Graph, PDF

April 5, 2025 by Sukanta Maiti

Economic order quantity (EOQ) is the ideal quantity of units a company should purchase to meet demand while minimizing inventory costs such as holding costs, shortage costs, and order costs.

What is Product differentiation? Importance, Types, Strategy, PDF

February 28, 2025February 24, 2025 by Sukanta Maiti

Product differentiation is a process businesses use to distinguish a product or service from other similar ones available in the market.

What is Product Management? Roles, Responsibilities, Skill required, Process

February 22, 2025 by Sukanta Maiti

Product management is a dynamic and multifaceted discipline at the intersection of business strategy, user experience, and technology. It involves guiding a product from conception to launch and ensuring its success throughout its lifecycle.

What is Market segmentation? Types, Importance, Examples

January 3, 2025December 28, 2024 by Sukanta Maiti

In today’s competitive business landscape, understanding your audience is key to creating truly resonating products, services, and marketing strategies. Market segmentation is a way of aggregating prospective buyers into groups or segments based on demographics, geography, behaviour, or psychographic factors to better understand and market to them. This targeted approach not only improves customer satisfaction but … Read more

What is Organizational Conflict? Types of Organizational Conflict, Causes, Impact, & How to Manage Organizational Conflicts? (PDF Included)

June 28, 2024 by Sukanta Maiti

What is organizational conflict? and how to deal with it?

Conflict within organizations is a common and often unavoidable aspect of workplace dynamics. While conflicts can be disruptive, they can also lead to growth and innovation when dealt with effectively. In this article, we provide a detailed examination of organizational conflict, including its types, impacts, causes, and strategies for resolution, complemented by real-world examples and … Read more

What is Departmentation? Types, Importance, Process

February 16, 2024 by Sukanta Maiti

Departmentation is the process of breaking down an enterprise into various departments.

Understanding Input-Output Analysis: Meaning, Components, Advantages and Disadvantages

January 18, 2024 by Sukanta Maiti

Input-Output Analysis (IOA) is a powerful economic tool that facilitates a comprehensive understanding of the complex interdependencies within an economy.