Industrial engineering

ManagementIndustrial engineering

What is Organizational Behavior (OB)? [PDF Inside] Origin, Evolution, Theories, Purpose, Example, 3 Levels, Importance, Application, Advantages, Disadvantages

Organizational behavior (OB) is the study of how individuals, groups, and structures interact within an organization. It is a multidisciplinary field that draws on concepts and theories from psychology, sociology, anthropology, economics, and management to understand and explain human behavior in the workplace.

Read More
Industrial engineeringEconomics

What is Benchmarking? [PDF Inside]Process, Importance, 6 Types Value Cycle, Objectives, Advantages, and Disadvantages

Benchmarking is the process of measuring and comparing the performance of an organization, process, or product against a set of established standards or best practices. It involves identifying and analyzing the practices and performance metrics of other organizations that are recognized as leaders in a particular industry or field, with the goal of improving the performance of the organization being benchmarked.

Read More
Industrial engineering

Manufacturing Resource Planning (MRP II): [PDF Inside] Elements, Advantages, Disadvantages, MRP I VS MRP II

Manufacturing Resource Planning (MRP II) is a technique for the effective planning of all manufacturing resources of a company. It enables manufacturers to develop a precise production schedule for the future that minimizes expenses and maximizes the utilization of available resources.

Read More
Industrial engineering

ABC Analysis: Example, Benefit, Drawbacks, Implementation, [PDF inside]

ABC analysis is an inventory management approach that controls the value of inventory items based on their usefulness to the business. ABC usually ranks items on demand, price, and risk data, and inventory managers group items into classes based on those principles so that business leaders can understand which products or services are most crucial to the financial profit of their business.

Read More
Industrial engineeringManagement

What is Scrum? [PDF] Definition, Roles, Pillars, Events, Artifacts, Advantages & disadvantages

 A scrum is an iterative method, consisting of sprints that normally last 1 to 4 weeks. This method ensures that your team provides a version of the product regularly. it was created using a software model that follows a set of functions, duties, responsibilities, and meetings.

Read More