Porter’s 5 Competitive Forces

Market forces are a significant force in shaping strategies. Examples of market forces include:Existing competitionThe entry of new competitorsRivalry among competitorsThe threat of substitutesBargaining power of buyers and suppliersCurrent economic conditionsGlobal market changesHow well the organization is positioned for growth andChanging customer expectationsPorter’s Five Forces Model is a framework for understanding strategic business decisions by… Continue reading Porter’s 5 Competitive Forces

Typical Roles, Responsibilities, and Competencies of People in Management Positions

Management positions are responsible for the overall operation of a business. Typically, managers have responsibility for one or more of the following areas: product development, production, marketing and sales, personnel management, finance, human resources, information technology, operations, customer service, quality control/assurance, research and development, etc. Skills such as leadership, communication, problem-solving, etc., can help executives perform… Continue reading Typical Roles, Responsibilities, and Competencies of People in Management Positions

How Machine Learning is Changing Quality Management?

Quality management is a process used to improve product quality through continuous improvement. This involves identifying problems and implementing solutions. Machine learning is a subfield of artificial intelligence that focuses on algorithms that teach computers to perform tasks without being explicitly programmed.What are the similarities between these two fields?Both Quality Management and Machine Learning involve an… Continue reading How Machine Learning is Changing Quality Management?

Stakeholders Analysis

Stakeholder analysis is a process used to identify key players who could affect the success of a project. This includes both internal and external parties. This blog post will look at stakeholder analysis and how it can be applied to projects.Who are the Stakeholders?The stakeholders in your project are those people or groups that are interested… Continue reading Stakeholders Analysis

Roles and Responsibilities of a Quality Assurance (QA) Manager

Quality assurance managers play an integral role in ensuring that quality standards are met throughout the production process. They ensure that the product meets the customer’s expectations and complies with all relevant regulations. A quality assurance manager ensures that the company adheres to all applicable laws and regulations, including health and safety, environmental protection, and consumer… Continue reading Roles and Responsibilities of a Quality Assurance (QA) Manager

SCOR model for improving supply chain management

Supply Chain Management (SCM) is an area of study that has been growing at a rapid pace over the last decade. This growth is because businesses today are operating in a global environment. To survive, companies need to adapt to new markets and respond quickly to changing customer demands. With this in mind, Supply Chain Management… Continue reading SCOR model for improving supply chain management

Creating a Culture of Quality

A culture of quality means making sure everyone at your organization knows what high standards mean. Everyone should understand why their job matters and why they must strive to meet those expectations every day. Here are some of the key actions to ensure you create a culture of quality within your team.

The 8 Top Supplier Quality Assurance Roles and Responsibilities

Supplier Quality Assurance is the process of ensuring the quality of the materials and services provided by suppliers.

There are many types of supplier quality assurance roles and responsibilities depending on the industry. However, there are eight types of supplier quality assurance roles that are most popular in the supply chain industry.

Design Review, Verification and Validation

ISO 9000:2015 Definitions:1. Review:determination of the suitability, adequacy or effectiveness of an object to achieve established objectives.EXAMPLES: Management review, design and development review, review of customer requirements, review of corrective action and peer review.2. Verification:confirmation, through the provision of objective evidence, that specified requirements have been fulfilledThe objective evidence needed for a verification can be… Continue reading Design Review, Verification and Validation

Supply Chain Rationalization

Supply chain rationalization is the risk-based approach:to select the right suppliers andthe right number of suppliersfor the type of product or service.Rationalization could lead to:Decrease in suppliers to be managedSome places it might increase as well.No changeBenefits (Why rationalize?)Lower transaction, shipping and handling costVolume discountsStandard partsReduced inventory Long term relationship and reduced RiskRationalization Approach:Centralize supplier related… Continue reading Supply Chain Rationalization

Supplier Lifecycle Management

Supplier Lifecycle Management is a best practice approach for selection, monitoring, classification and creation a long-term partnership to:Mitigating riskReduce costsEnsure complianceSustainable supplier relationshipIt is end-to-end approach to managing suppliers in a transparent and structured way. Certified Supplier Quality Professional (CSQP)CSQP Exam Preparation Course20+ hours of videos, slides & quizzes $85 $ALE Four Stages in the… Continue reading Supplier Lifecycle Management

CSQP [2021] | How to pass your Certified Supplier Quality Professional Exam?

Table of Contents EligibilityCertified Supplier Quality Professional (CSQP)Exam DetailsASQ CSQP Exam Passing ScoreASQ CSQP Body of KnowledgeSuggested Study MaterialCalculatorSummaryCertified Supplier Quality Professional (CSQP) The Certified Supplier Quality Professional (CSQP) is responsible for the quality and improvement aspect of the organization’s supply chain. This is the latest certification introduced by ASQ in 2016.EligibilityBefore applying for the ASQ… Continue reading CSQP [2021] | How to pass your Certified Supplier Quality Professional Exam?