Benchmarking

According to Noel, there is a company in the Netherlands that does benchmarking on furnaces. He said that they compared O-I’s furnace technology to other glass manufacturers and O-I has the most efficient furnace in the world. To melt glass, they use three main techniques to first heat the glass. The first way is with their…

Cost, Efficiency and Productivity – Neal “Efficiency, productivity and competitiveness are linked. Better productivity means increased efficiency which results in a higher level of competitiveness” (GCSE, 2014). This is currently not the case for the California division of Railex, and will need to be to create a more competitive company. Due to a lack of internal accounting information it will need to be assumed that an investigation is necessary. This is to find the root cause of the costs…

One leader whom I admire the most is my old cross country and track coach, Jim Koterba. Mr. Koterba, I still call him that from first having him as a Social Studies teacher in middle school, had one of the most challenging jobs I could image from a leadership perspective. Most people think of business’s and corporations when they think of management, but many forget that those guiding our youth everyday are just as engaged in leadership than any corporate executive. I’ve been able to view Mr.…

“The machine does not isolate us from the great problems of nature but plunges us more deeply into them.” - Antoine de Saint-Exupery I relate to this thought in my quest to find sustainable technologies because the work of an engineer is to “enable the future” not merely to “foresee” it. As a mechanical engineer and a founder & head for a sustainable technology based start-up I realized the importance of technology enabled sustainability for a healthier…

The newsvendor problem is a mathematical model which is used to determine the optimal stock under uncertainty. In the following, the newsvendor context under cost minimization will be introduced. Let h be the unit holding cost respectively the unit overage cost (as we regard the pure cost context) and b the unit penalty of not serving demand (or unit backorder cost) respectively the unit underage cost. Then, the target inventory B is equal to the mean demand µ plus safety stock SS. The safety…

STEM Education: May Provide Sustenance for Economy Have you ever wondered how an Iphone or any phone works? Wondering how the Iphone functions is great but also knowing who created it is better. No, I do not mean Apple, I mean the technicians, engineers, and scientists behind how such a small item could hold so much power. Of course we could not have this product or the brilliant people who created it without STEM education. STEM is an acronym for science, technology, engineering, and math. It…

Optimizing the Product Management Process Stages Description and stakeholders’ feedbacks In 2014, Post introduced the Product Management (PM) Process Stages approach which helped to drive Scoubido project to market. The PM Process Stages is based on the New Product Development (NPD) which consists of a process to bring new products to the market. There are several approaches for analyzing and responding to the challenges of new product development. At Post, the PM Process includes the following…

financial sector under GRI in Australia. The GRI framework was applied for sustainability reporting based on its guidelines in order to meet the codes, laws, norms, performance standard and voluntary initiatives in which most of the bank used as their benchmarking. The process of applying the framework shows the organization ability to meet the sustainability development expectation, and also compare different performances from other organization Westpac’s core strategy and sustainability…

Customers are one the fundamental concerns of an airline’s business, as they are the primary source of revenue. Most airlines have adopted customer-focused strategies in which they deliver customer service based on their target segment’s needs and wants. An airline can apply a customer centric strategy though various ways including: through the development of the organisational culture, using the Customer Relationship Management framework, by diving consumers into segments and targeting those…

In 1988, the Louisiana Legislature reorganized the State’s health and human services agency creating the Department of Social Services (DSS). On July 1, 2010 the Department of Social Services, by law, became the Department of Children and Family Services. The Department of Children and Family Services Orleans (DCFS), Located at 1450 Poydras St. Suite 1600, New Orleans, LA 70112. DCFS mission is working to keep children safe, helping individuals and families become self-sufficient, and providing…