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Factorial Design of Experiments: A practical case study. Part 2 Continuation from Part 1… Last time, we talked a little bit about Design of Experiments (DoE), what it is, its main advantages and how it can help us for faster and improvement analysis of phenomena as well as gathering information to make the best possible […]
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Statistically speaking, Design of Experiments (DoE) deals with planning, executing, analyzing, explaining and even predicting (by a mathematical model) the behavior of a phenomenon, after performing trials under controlled conditions. These trials evaluate: • All the variables immersed in the phenomenon (which in DoE, we will call factors). • Interactions, if any present, among factors. […]
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What is DOCUMENTATION and WHY is it IMPORTANT? One of the keys to good housekeeping in the business arena is Quality Management System (QMS). Most companies were able to scale, expand and compete further and be successful because they understood and incorporated the essence of QMS. Quality Management Systems deals with several areas that need […]
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The financial industry, like any other industry, is facing its own challenges, as new destructive technologies are challenging the day to day operations of banking facilities. With new technologies such as block chain technologies, peer to peer lending, new Bitcoin ICO’s being launched, the world is seeing a decentralized view of money, and how to […]
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After gaining much success in the manufacturing sector, Lean has found widespread applications in benefiting the Healthcare sector. The primary intention of all Lean Operations is to minimize the resources needed to facilitate the accomplishments of a customer’s desires. This is facilitated via the Lean cycle, which carries an organization through its value stream, in […]
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Lean Manufacturing methodology was started by Taiichi Ohno at 1950s under the name of Toyota Production System (TPS). It started after a visit of Eiji Toyoda to Ford’s facility located at Rouge (US). By that time, economic reconstruction of the countries that participated in World War Two evolved on different ways: meanwhile US required of […]
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The Lean production system has gained a tremendous amount of success in its originating sector – manufacturing. Realizing that other fields also have operational challenges, via best practice transfer, alternate sectors have started to adopt the methodology and improve their efficiency and turnaround time. From banks to hospitals to transportation centers, Lean is the way […]
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This delivery intends to explain in a very simplistic way, with elementary mathematics what confidence intervals are, where they come from and how they are related to normal curve. So, I apologize in advance with pure statistician and mathematic guys, I hope you understand I do not use too many formal terms. Statistics we use […]
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In the previous article, we commented about the basics of Lean-Sigma methodology and its relationship with the experimental scientific method, such as concepts for optimization of pharmaceutical manufacturing processes. Today, we will discuss about a case study of optimization of a pharmaceutical manufacturing process using DMAIC. Today’s case study consisted of optimization of a wet […]
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Let’s start by defining quality in simple terms and with approach of continuous improvement. Quality is providing our customers the product/service they expect (i.e., meeting customer´s expectations). In this sense, then, continuous improvement is delivering our customers a better product than they are waiting (exceeding customer expectations). Pharmaceutical is one of the most supervised and […]
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In manufacturing and service businesses alike, your ultimate goal is to improve the bottom line and the easiest way to achieve this aim is through cost reduction. Seeking out and eliminating low hanging fruit should be the first step in this effort. Unfortunately most businesses attempt this through reductions in the workforce since human capital […]
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Without excellent processes of executive and operational management, it is impossible to implement the strategy no matter how visionary the organization may be. On the other hand, without the vision and guidance of the strategy, operational excellence is not enough to achieve success. Based on the Execution Premium methodology of Kaplan and Norton, a comprehensive […]
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