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Introduction to Operational Excellence For most of us, Lean is a common concept by now. By extension, we're also familiar with the idea of continuous improvement; the way we run our business should ultimately be reflective of a chain of efforts to change for the better and reach more perfect efficiency. That's all well and good, but we've seen more and more businesses shying away from simply relying on "continuous improvement" in recent years and instead throwing around the term "operational excellence." While the two terms do ultimately work in tandem, and even though there's some overlap, it's important to understand where the two differ. A good way to think about operational excellence is as the answer or endgame to your continuous improvement actions, it's a state you want to attain through your workplace improvement endeavors. Unlike continuous improvement, however, where you're simply trying to 'always get better', operational excellence has a more clearly defined point where it can be said you've reached your goals. One of the biggest criteria for operational excellence is a horizontal and vertical (so throughout all levels and teams of a company) understanding of how workflow should look and how to correct problems when something isn't flowing correctly. This creates operational excellence because employees are now able to solve their own problems without relying on specialists or management, drastically decreasing downtime and putting them into a preventative rather than a reactive mode when solving problems. Furthermore, operational excellence then frees up your management and executives to focus on advertising and brand/market expansion planning and projects. In short, operational excellence allows a company to achieve continual improvement while still having the resources to put an emphasis on bottom line and market share growth. Operational Excellence Question Posed Sounds pretty awesome, right?! We think so, but you

If you are planning on purchasing an industrial-grade thermal label printer, you need to weigh several factors. Let's face it, these kind of machines are not cheap-they aren't like the flimsy ones that folks buy to make organizational labels for their home, or for scrapbooking-these are commercial level equipment, and they're designed to hold up to all the rigors of an industrial operation. Pipe Marking Labels So, with that in mind, here are the top 6 factors you should consider before you buy an industrial label maker: 1. Purpose: First off, what do you need to make heavy-duty labels for? Sure, these types of printers can make funny bumper stickers with a catchy slogan on it-but what do you REALLY need it for? Common uses for these are for making lots and lots of pipe markers, arc flash labels, and NFPA 704 "diamond" signs. They're also great for making safety slogans, caution and warning signs, 5S, lean, kaizen, and traffic marking stickers. Depending on how many you need, you might need to use it every day, or for sporadic printings throughout the year. These printers are great, because most of them can print on label tape up to 4 inches wide, and can spit labels out much quicker than those store-bought consumer ones. They can also take the heat and tougher environments of factories and warehouses. 2. Durability: Modern label makers are nearly flawless at their job. They use thermal transfer ribbons and heat seal the text or graphics from the ribbon to a compatible thermal label. This allows for a product that will last for many years before seeing much physical degradation or fading. They are water-resistant and even resist chemical wear. 3. Ease of Use: Many label makers come with their own proprietary software, but I would recommend buying a label maker that can be used with any kind of word processing software or even programs like Photoshop. This way, if you have a change in employees, move offices, or just plain lose the or

Transforming into a tech company has become top of mind for executives in all major industries. It is clear that modern technology will fundamentally alter what and how business is done in every domain, sector, and industry. This has led to a call to arms in every enterprise to understand how they can transform into a tech company. The Tech Company Magic Tech companies have fine-tuned the art of bring new digital products and services to the market, quickly, efficiently and effectively and understanding customer feedback to iterate and improve. This capability makes them incredibly agile and leads to faster experimentation that is cheaper and involves less risk. In turn, this enables them to bring new capabilities to the market and even if all do not succeed or get traction, a few do and that drives innovation, customer satisfaction, and growth. From the outside, tech companies appear to be massive juggernauts that are unstoppable and able to crush everything in their path. The 'Non-Tech' Technology has been leveraged in every sector and industry, however, it has almost always been treated as a means to an end, something that is required but never the real value driver for the customer. This has led to the typical organizational structure in enterprises into "Business", "Operations" and "Information Technology". The "Business" arm generates value for customers, the "Operations" team carries out the requirements of the Business team and the "Information Technology" team provides the systems (databases, network and compute) required to "keep the lights on" for the Operations and Business Teams" This structure served enterprises well in the last decades as customers did not have an alternative to directly working with the enterprise and this fortified the value supply chain and also established a hierarchy of sorts within the enterprise where the business looked down upon operations who looked down upon technology. The purpose of

Sentiment, Sentiment Analysis, Sentiment Tracking have become a hot topic with multiple 'AI' startups focussing on providing sentiment driven insights to enterprises. The number of such startups points to the potential that enterprises see in Sentiment analysis and the impact it has on how the enterprise plans, operates, executes and delivers value. Sentiment Analysis is process of extracting sentiment (emotion or feelings) captured in signals that are embedded in various types of media such as print, text, audio, video, images etc. For example, if a reporter submits a report on a particular enterprise, the sentiment embedded in the article can point to how excited, worried, upbeat or impassive they might are about the enterprise. This sentiment can be then used by the enterprise to understand the perception about the enterprise that the external market carries and whether that perception is improving, degrading or staying unchanged. This insight can be used by the enterprise to improve their go to market plans, change their PR strategy or even go deeper and change their product strategy. Sentiment Analysis Is Not New The tracking, measurement and use of Sentiment is not a new scenario. Enterprises have been leveraging the output of sentiment analysis for a long time. User surveys, focus groups, market research, customer interviews etc. are all examples of generating data to perform and track sentiment. Similarly, influencer marketing through association with influencers or events or organizations with a certain perception or sentiment associated with them is a common technique to improve the enterprise's own sentiment. Sentiment Analysis and strategizing based on the analysis is a common and required function for any enterprise. Sentiment Analysis Using Artificial Intelligence With the advent of Artificial Intelligence (AI), enterprises now have another technique in their kitty to understand how they are perceived in the market and how that perception i

Modern, RESTful APIs are not considered standard, table stakes and expected out of any new project, effort, application, system, service or product. It has become so normal to talk about developer interfaces, developer adoption, application development and innovation in the same breath as APIs that a distinct effort to build APIs for a new product or service seems out of place and abnormal. APIs are the defacto standard of app development. So where do we go from here? We believe that APIs are about to enter the second growth spurt. APIs will evolve from not just interfaces and integration enablers into the rockets that propel enterprises towards innovation and market dominance. Here are three key trajectories that will lead the next API evolution and revolution. Innovation - Starts, and Ends with APIs All modern technologies such as Artificial Intelligence, Machine Learning, ChatBots, Analytics, BlockChain etc. begin and end their stories with APIs. APIs are what enables the communication between front-end user interfaces and the backend technology services. All new machine learning capabilities offered out of the big four tech companies have seen the light of day through APIs. Intent & Sentiment extraction, Topics, Categories, Summarization, Image Recognition, Entity Extraction etc. are all capabilities powered by Machine Learning, Natural Language Processing that is ultimately being delivered as APIs to application developers. Similarly, ChatBots are typically designed to get the user entered text, use an intent API to determine intent and then use a service API to respond to the user conversationally or with a service. Clouds - Multi-Cloud, Hybrid Cloud As the big three cloud providers grow their market share and attempt to attract attention, increasingly, enterprises need to think about how they minimize their risk by building in the flexibility to switch their cloud provider if and when they need. In addition, hybrid architectures or a cloud migration

One of the top reasons for digital innovation and transformation failures can be summarized as the enterprise trying to reinvent the wheel. This is the tendency of the enterprise to attempt to create technology, platforms, and applications that have already been implemented, scaled, optimized and almost perfected. This tendency almost always ends up a failed one as it does not create any net new value for the enterprise but comes with a massive opportunity cost as the enterprise spends crucial resources on reinventing the wheel than innovating for the customer. How The Wheel Is Reinvented Nontechnology enterprises can get trapped in a reinvent state where they conclude that homegrown technology is the only path towards customer and business value. This in itself is not entirely false however the type of enterprise and their decision-making process along with the capabilities they have in house have a very large impact on the success of the strategy.eRaaadada Reinventing the wheel happens when a non-tech enterprise discovers a technology trend towards much later in the hype cycle almost towards the end when the technology is hitting the mass market and decides to recreate or reinvent its own version of the technology. This is often done with the assumption that with some investment, the enterprise can have a home grown version of technology or platform that is designed specifically for its needs and is thus a better fit. However, enterprises assume that the state of the technology will remain constant and while they are attempting to home grow a version that can match the current state of the art. In reality, the state of the art shifts and the enterprise is not able to bridge the gap. Who Reinvents The Wheel Typically, technology teams often decide to go down the path of reinvention when they are allowed to make technology upgrade or technology creation decisions without business KPIs and cost constraints i.e. clear success criteria with fixed cost and clear ti

People naturally expect self-promotion and success. We can do this very easily through a blog site. Anyone can become financially self-sufficient by creating a blog site for free or with a small investment.

By Michelle Graham on July 7, 2017 Every now and then it's good to assess that what we're doing every day is really worthwhile. Investing in Dr Wallach 90 for Life minerals from Youngevity is one of those things worth reviewing. What long term benefits are we likely to receive from our investment? Here's some of the reasons why Dr Wallach recommends every man, woman and child consume the 90 essential nutrients every day to sustain long term health and vitality…. Minerals control the body's ability to absorb, and use vitamins. Without minerals, vitamins have no purpose, and are quickly eliminated from the body. It is a huge waste of money to gobble handfuls of high potency vitamin tablets, without backing them up with the right minerals. What we have to realize is that minerals are so essential that we are dead without them. There's no digestive or metabolic process in the body that can take place without minerals.

Contractors Marketing? Many marketing agencies offer contractor marketing services. Contractor marketing becomes an essential investment to get leads as construction businesses are growing! You need to develop a digital branding strategy or a marketing campaign that assists you in generating leads online through different forums and platforms.

Full-service brokers with extensive technical proficiency and support, such as Kotak Securities, is highly recommended for beginners. This is because of their expertise and years of guidance in the field of trading that can provide you with immense knowledge and customer service in your trading journey. Let us look into the parameters and factors to help you decide the best Demat account for your investment.

When we talk about Ecommerce, products, inventory, and relative terms pop up in our minds. But do you know how much it costs to make an ecommerce website? Many of you would think, how much designing an Ecommerce website would cost you? You initially have to calculate the investment to start with your new online business idea.

OpenAI & Wealth Management 2023 - clutwhip

Online teaching jobs in India is a very good choice, not only in India. If the teacher has good teaching skills with technical support just register on any online tuition point. There are a lot of sites on the internet for you to start your career with an Online Teacher. Not only teachers and lecturers any person with good technical skills can try their luck with an online tutor job. You can set your own time for this. I will discuss some sites in this article. You can find out more about jobs in education. These are full-pledged verified sites. Teaching is one of the Best Online Jobs in India.

Learn how to earn money online in Hindi. We have listed a lot of good techniques to earn money from the internet. How to earn money online in Hindi 2020, how to earn money online in India without investment for students in Hindi.

Consumer Confidence Index: Strong Force Behind Economic Change 2023