ISO 14064 is an internationally-recognized standard for quantifying and monitoring greenhouse gas (GHG) emissions. It provides guidance to organizations on how to plan, implement, verify and report emissions in a consistent fashion, as well as identify areas where improvements can be made. Carbon Footprint Verification (CFV) CFV is a crucial tool for organizations to accurately …
Hoshin Kanri is a Japanese management system based around goal setting and strategy. Its roots can be traced back to the lean manufacturing techniques created in Toyota factories to increase the efficiency of processes, but Hoshin Kanri has since expanded its reach to other industries. Hoshin Kanri has four factors: Hoshin Kanri emphasizes the importance …
What is EMS Enterprise Management Systems (EMS), sometimes referred to as Enterprise Systems (ES), are comprehensive application software packages designed to meet the needs of large organizations, similar to Enterprise Resource Planning (ERP) systems. These solutions enable IT teams to effectively manage and support complex, geographically dispersed IT infrastructures and applications. EMS solutions typically include …
Manufacturing optimization by operational excellence tools is a multi-dimensional process that entails integrating and streamlining all operations within the manufacturing value chain. It involves the effective utilization of technology, processes, people, resources, systems and data to optimize production volume, minimize time taken from start to finish and reduce costs. Operational excellence tools also enable manufacturers …
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Technology in all sectors of the economy is advancing at an unprecedented rate, and warehouses must keep up with the pace of production, manufacture, and consumer demand. To do this, they must be equipped with the latest technologies to ensure improved productivity, efficiency, and accuracy. Smart warehouses are automated to give employees the flexibility and …
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The SCORE Model is a comprehensive decision support system for businesses that allows users to assess the competitive environment and allocate resources efficiently. SCOR (supply chain operations reference) model helps businesses to make perfect supply chain management for reliability, consistency, and efficiency as concern. The model provides insight into how companies can gain competitive advantage, …
Reporting standard for ESG disclosures Currently, there is no single, global reporting standard for ESG disclosures. The most widely adopted ESG frameworks in the world are the sustainability standards published by the Global Reporting Initiative (GRI), an international non-governmental Organisation founded in 1997. Other widely adopted standards include those published by the Sustainability Accounting Standards …
1-What is GHG? Greenhouse gases, which is also known as GHGs, are gases in the Earth’s atmosphere that trap heat. During the day, the sun’s rays penetrate the atmosphere, warming the Earth’s surface. At night, the surface cools, releasing heat back into the air. However, some of this heat is trapped by the GHGs in …
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What is Kanban? Kanban is a visual framework that provides organizations with an effective system for managing and monitoring their workflow. It is based on the Japanese manufacturing system of managing materials inventory, and follows the principles of “pull” instead of “push” production. In essence, Kanban works by setting predetermined limits on work in progress …
What is VSM , Value Stream Mapping? Value Stream Mapping (VSM) is a lean manufacturing technique that is used to accurately map out and visualize each step involved in value creation. It is a tool used to identify, analyze, and improve value flow and material flow, with the aim of improving the efficiency of the …