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7 Logical Fallacies That Can Harm Your Decision Making (With Examples)

ProjectManager.com

In short, a hasty generalization is when you neglect to perform your due diligence. It’s okay not to like somebody, but give their argument its due. Plus, being innovative requires taking risks and being aggressive. That means a retreat from innovation, which is bad business. Hasty Generalization. That’s normal.

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Smart Manufacturing: Examples & Benefits

ProjectManager.com

Let’s review smart manufacturing and smart factories and explore some examples of smart manufacturing technologies. Project management software can be a tool for achieving these goals. ProjectManager is award-winning project management software that delivers real-time data that enhances control and facilitates smart manufacturing.

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How to Calculate Manufacturing Cycle Time (Formula Included)

ProjectManager.com

Finally, we show how project management software can help with manufacturing. Project management software can help manufacturers plan, track and monitor their cycle time. ProjectManager is award-winning software with kanban boards that visualize workflows. What Is Cycle Time In Manufacturing?

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Understanding Product Pricing Models: Choosing the Right Pricing for Your Product

Scrum.org

Best for: Innovative products, premium goods, or industries where differentiation and customer experience are crucial (e.g., Discourages competitors from entering the market due to low margins. Freemium Pricing Freemium pricing is a standard model in the software industry. Requires in-depth market research and customer feedback.

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ERP systems explained simply

Inloox

When looking for an ERP solution that is suitable for you, you should pay close attention to the fact that certain basic functions are fulfilled by the software. Logistics: Here, care should be taken to ensure that the software covers purchasing and sales, materials management, warehouse management and distribution.

Logistics 223
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Six Sigma: A Simple Guide for Project Managers

ProjectManager.com

Lean focuses on eliminating eight areas of waste: defects, overproduction, waiting, non-utilized talent, transportation, inventory, motion and extra-processing. As Agile methods continue to grow from the software development egg in which they were hatched, the style has found itself saddling up with Six Sigma. Six Sigma and Agile.

Lean 417
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Top 10 AI Use Cases Transforming Project Management Across Various Industries

NimbleWork

This shift towards AI-driven project management enables organizations across all sectors to increase productivity, reduce errors, and focus on strategic decision-making, ultimately fostering growth and innovation. However, one of the most significant applications of AI in the software industry is code generation.