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The Supply Chain Operations Reference ( SCOR) model is a process reference model originally developed and endorsed by the Supply Chain Council, now a part of ASCM, as the cross-industry, standard diagnostic tool for supply chain management. [ 1] The SCOR model describes the business activities associated with satisfying a customer's demand ...
Business performance management (BPM) (also known as corporate performance management (CPM) [2] enterprise performance management (EPM), [3] [4] organizational performance management, or performance management) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals.
Statistical process control ( SPC) or statistical quality control ( SQC) is the application of statistical methods to monitor and control the quality of a production process. This helps to ensure that the process operates efficiently, producing more specification-conforming products with less waste scrap. SPC can be applied to any process where ...
Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost . Benchmarking is used to measure performance using a specific indicator (cost per unit of measure, productivity per unit of measure, cycle time ...
[disputed – discuss] Furthermore, using this metric of past process performance to predict future performance is highly suspect. [3] [ disputed – discuss ] From a management standpoint, when an organization is under pressure to set up a new process quickly and economically, P pk is a convenient metric to gauge how set-up is progressing ...
Manufacturing operations management ( MOM) is a collection of systems for managing end-to-end manufacturing processes with a view to optimizing efficiency. [ 1] There are many types of MOM software, including for production management, performance analysis, quality and compliance, and human machine interface (HMI).
The process capability is a measurable property of a process to the specification, expressed as a process capability index (e.g., C pk or C pm) or as a process performance index (e.g., P pk or P pm ). The output of this measurement is often illustrated by a histogram and calculations that predict how many parts will be produced out of ...
The process areas below and their maturity levels are listed for the CMMI for Development model: Maturity Level 2 - Managed. CM - Configuration Management. MA - Measurement and Analysis. PMC - Project Monitoring and Control. PP - Project Planning. PPQA - Process and Product Quality Assurance. REQM - Requirements Management.