This video explains the 8 different types of waste in Lean Manufacturing. Traditional lean identifies eight key areas of waste – typically referred to as the Eight Deadly Wastes and the acronym for the eight wastes is DOWNTIME.

🎭 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐦𝐲 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥:…

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. #SWOT analysis is also known TOWS matrix. This video talks about the what is SWOT analysis. This video will clear all your concepts. Do watch out the detailed McDonald's SWOT analysis.

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This detailed video is about all 7 Basic Quality Control Tools. The #7qctools are : #ProcessFlowChart | #CheckSheet | #Histogram | #ParetoChart | Cause and Effect Diagram | Scatter Chart | #ControlCharts. 95% of the Quality related problem within a company…

Six Sigma Concept Explained in Understand the basic concept of #SixSigma in less than 8 minutes #sixsigmaexplained. Why we have 6 sigma and not 5 sigma or 7 Sigma and what is this 3.4 defect parts per million (PPM) opportunities?

🎭 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐦𝐲 𝐘𝐨𝐮𝐓𝐮𝐛𝐞…

Control Limit Vs Specification Limit | Difference between Control limits and Specification limits
#SpecificationLimits are the targets set for the process/product by customer or market performance or internal target. #ControlLimits on the other hand are the…

Value Stream Mapping [ VSM ] ? How to create Simplified Value Stream Mapping .This video on #ValueStreamMapping is all about a lean manufacturing technique known as Value stream mapping. #Value Stream Mapping.

🎭 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐦𝐲 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥: http://ww…

Geometric Dimensioning and Tolerancing (GD&T) is a system for defining and communicating engineering tolerances. It uses a symbolic language on engineering drawings and computer-generated three-dimensional solid models that explicitly describe nominal geometry…

Six Sigma Concept Explained in Understand the basic concept of #SixSigma in less than 8 minutes #sixsigmaexplained. Why we have 6 sigma and not 5 sigma or 7 Sigma and what is this 3.4 defect parts per million (PPM) opportunities?

🎭 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐦𝐲 𝐘𝐨𝐮𝐓𝐮𝐛𝐞…

This video talks about the what is Mission and how it is different from Vision. People are often confuse between these #Vision, #Mission, #Goals and #Objectives. This video will clear all you doubts. Do watch out some interesting Vision and Mission statemen…

Complete guide of all the basic concept of Six sigma, Lean Manufacturing, Project Management and Statistics explained in easy language.

Complete guide of all the basic concept of Six sigma, Lean Manufacturing, Project Management and Statistics explained in easy language.

Six Sigma Concept Explained in Understand the basic concept of #SixSigma in less than 8 minutes #sixsigmaexplained. Why we have 6 sigma and not 5 sigma or 7 Sigma and what is this 3.4 defect parts per million (PPM) opportunities?

🎭 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐦𝐲 𝐘𝐨𝐮𝐓𝐮𝐛𝐞…

This detailed video is about all 7 Basic Quality Control Tools. The #7qctools are : #ProcessFlowChart | #CheckSheet | #Histogram | #ParetoChart | Cause and Effect Diagram | Scatter Chart | #ControlCharts. 95% of the Quality related problem within a company…

This video gives brief definition of Lean Six Sigma . At their heart, both Six Sigma and Lean are process improvement methodologies. One focuses on the analyzing of processes and removing defects while the other focuses more on waste reduction.

🎭 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞…

This video talks about the #5Why #RootCause Analysis also known as #WhyWhy Analysis. The primary goal of the technique is to determine the root cause of a de...

𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭𝐢𝐧𝐠 𝐕𝐬 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐨𝐧 | Difference between Forecasting & Prediction | Forecasting vs Projection. What is the difference between prediction and forecast? Prediction is concerned with estimating the outcomes for unseen data. #Forecasting is a sub-discipline…

In this video I have explained Net Present Value technique of Capital Budgeting. We have also solved a problem on NPV. After watching this video you will be very confident in this NPV technique. #bba #cma #financialmanagement. Here we have also seen the…

This video talks about the what is #FishboneDiagram or #IshikawaDiagram or #Cause&EffectDiagram. We have used animation makes it easy to understand as well. Learn how to create a cause-and-effect diagram, also known as an Ishikawa or "fishbone" diagram,…

𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭𝐢𝐧𝐠 𝐕𝐬 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐨𝐧 | Difference between Forecasting & Prediction | Forecasting vs Projection. What is the difference between prediction and forecast? Prediction is concerned with estimating the outcomes for unseen data. #Forecasting is a sub-discipline…

Garvin proposes 8 dimensions of quality or measuring service quality but what is quality to you and does it mean the same to me? In this video we are looking at Garvin’s 8 Dimensions of Quality or measuring service quality . Watch this video for more details…