Today’s competition in many manufacturing industries is leading companies to expand their product portfolio, which combined with the advanced technology present in modern production sites, raises the need for efficient production planning. Often times, purchasing new production machinery is not an option because of the increase in fixed costs. Hence, efforts are being directed towards technology and efficiency improvement.
In the current environment of strong competition and constant innovation, it is increasingly common for companies to offer new products adapted to the changing tastes of consumers.
Companies are increasingly trying to adapt their products to the needs of individual consumers. In addition to the significant effort continuously being made to understand the consumer, it is very common nowadays to offer configurable products, or in other words, …
Scoring models are used by insurance companies, financial institutions and all companies in general that sell services or products with an implicit risk. These models determine whether the assessment of the risks of a particular combination of operations/customer is good or not good…
Transport, as well as its costs, is a feature of many services. The increase in fuel prices, as well as the growth we are experiencing in e-commerce, is converting transport into one of the most significant costs in many companies’ value chains.
When it comes to trying to apply an agile methodology to our projects, we usually ask ourselves whether it is the right decision, whether it is the right project to use this method. In this article, we shall try to offer some keys to identify whether a project is capable of taking advantage of everything this type of methodology has to offer.
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