What is Process capability? Process Capability is the strategy to study of capability or the ability of a process. “Process Capability” study answers the key questions like , “Is this process capable enough to meet its objective?” It refers to the capability of any process to produce a defect free product or services when the [...]

Famous Five Forces of Competitive Position model innovated by Michael Porter provides a simple perspective for assessing and analyze the competitive strength and position of a corporation or business organization. In his thirties at the first best seller book of Porter named “Competitive Strategy” he define many useful strategy for corporates and business world. Michael [...]

“Statistical Process Control” is one of the most popular terminology now a days. “Statistical Process Control” is the key for validate analytical & statistical methods to highlight the existence of special causes of variation in end to end processes. Key causes of variation are called “Assignable causes” and they should be ascertained and eliminated. The [...]