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Value Stream Mapping: Value stream mapping is a method to check and improve the processes involved in delivering a product using flowcharts. The information and process flow from customer demand to delivery is examined...
There are 6 steps in process FMEA as per VDA & AIAG. These 6 steps provide a systematic approach to do failure mode and effect analysis. 1. Scope Definition & Project Planning : Purpose...
Inventory Turnover: Inventory turnover is the rate at which a company converts its inventory into sales. It is the number of times a company makes the sale of its inventory in a period. Where...
