What Is Total Quality Management?

Total Quality Management (TQM) is the continual process of identifying and minimizing or eliminating errors in a manufacturing process. It is based on the premise of organizational accountability for quality aimed at delivering maximum value to the customer. TQM...

What Is Pareto Analysis?

Pareto analysis is a statistical technique used to make business decisions based on the pareto principle. Pareto principle can be applied to any set of data to observe concentration of outcomes across influencing parameters. Pareto analysis is the tool that helps...

Performance Benchmarking In Manufacturing

Performance benchmarking is a comparative assessment exercise that helps manufacturers understand and measure their performance relative to their competitors and industry standards. Periodical performance benchmarking exercise can establish a consistent feedback loop...

What Is A Data Historian?

A data historian is a software that enables the logging of production data from processes that are executed in a manufacturing system. It creates efficiency to storage and timely retrieval of the stored information. Today, manufacturers are looking for ways to unlock...