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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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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. For example, let’s say someone is trying to get you to construct an apartment building on marshland that is liable to flood and not sustain the weight of a large structure.

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

Scrum.org

Discourages competitors from entering the market due to low margins. Allows for profit margins to be sustained as competition increases. Freemium Pricing Freemium pricing is a standard model in the software industry. Best for: Software companies, SaaS platforms, and digital products.

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How the 12 principles in the Agile Manifesto work in real life

Scrum.org

That year, a group of 17 software practitioners looking for a better way to deliver software settled on the the term agile to refer to their more rational, human approach to complex work. Our highest priority is to satisfy the customer through early and continuous delivery of valuable software. It's an incremental approach.

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Supply Chain Optimization Strategy: Lowering Costs and Increasing Sales

Binfire

Then you have to transport the supplies to your production storage, and that’s where the first problems begin. That’s why most companies decide to regulate transportation themselves. That means having always available trucks to transport supplies to your quarters. But it’s not risk-free like nothing in life is.

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Six Sigma: A Simple Guide for Project Managers

ProjectManager.com

From the top down, the entire organization must be committed to sustaining quality improvements for them to be achieved. Control: In order to make sure that these improvements are sustainable, monitor them by creating a control plan. The Harvard Business Review notes what it sees as shortcomings to the technique.

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Why Risk Analysis Software is an Essential Tool for Every Business

Wrike

One of the most powerful tools available for this purpose is risk analysis software. The Role of Risk Analysis Software Risk analysis software utilizes sophisticated algorithms and data models to analyze various sources of risk and their potential impact.