What does SWOT stand for? SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT Analysis is a technique for assessing these four aspects of your

What is Problem Solving? Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for

What is FMEA? Also called: potential failure modes and effects analysis; failure modes, effects and criticality analysis (FMECA) Begun in the 1940s by the U.S.

What is Lean Manufacturing ( Lean Production )? Lean manufacturing (Lean Production) is a methodology that focuses on minimizing waste within manufacturing systems while simultaneously

What is Efficiency Efficiency is the ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result.