Kaizen Cycle part 2 – The PDCA cycle of Kaizen The previous cycle was one of the cycles of Kaizen. There is an Alternate cycle on the philosophy of Kaizen which is much similar to the first one. This cycle is known as the Shewhart cycle or thePDCA cycle. It is similar because the n...
Quality Assurance (QA)) can be ensured using the PDCA (Plan, Do, Check, and Act) cycle, a four-step methodology that helps control and improve the quality of products and services. It is an effective process to ensure that the organization maintains high standards of quality for the product...
Agile Pi Planning works on the simple concept of the PDCA cycle which is represented above. PDCA cycle stands for Plan, Do, Check and Adjust. 1. Plan This step is concerned with the planning of the program increment which is a continuous process focused on organizational and facility inclinati...
The billing cycle is a time-dependant plan that varies from day 20 to 45 days. Sometimes, a Billing cycle is an automatic method where the company deducts a particular amount of money from the holder’s account. By defining the type of the plan and every detail on it, a Billing cycle ...
An inventory count / inventory counting is the physical verification of the numbers and condition of articles that are in stock.
The importance of a business plan simply indicates the significance that an adequately structured business plan can hold for the growth and success of a business.