Capacity Planning – Meaning, Classification and its Goals
February 12, 2025
The Indian government has been facing several cases of fraud every year. There are many chit-fund schemes like the Saradha scheme which have been used to dupe thousands of retail investors to the tune of crores of rupees. After facing severe criticism from the public for the inaction of the government to stop such schemes […]
Any Importer wishing to bring in cargo into the country may do so through air, ship, and road or multi modal transport. Every import consignment is required to be deposited by the transportation agency or the freight forwarder into the Customs Designated Bonded warehouse for Customs Clearance. Customs Clearance is facilitated by Customs Clearance Agent […]
Information Technology is the application of computers and techniques to restore retrieve and manipulate data often within an organization. To facilitate the functioning of HR and make it more proactive, IT and HR have been merged to form HRIS. In short, one can describe HRIS as an online solution for the entry, tracking of data, […]
Countries all over the world try to promote exports. Almost every country offers financial incentives to exporters. Countries like China have Special Economic Zones wherein exporters are not charged any tax. Similarly, other countries have special banks and insurance agencies promoted by the government to facilitate export growth. This brings us to the importance of […]
Enterprise Resource Planning (ERP) and Business Process Re-engineering (BPR) evolved almost at the same time i.e. 1st half of 1990. Both relates to radical redesign of an organization at a relatively short period. Both are having the primary intend to optimize workflow and improve productivity. But, the chicken and egg question remained, whether an organization […]
Objective of any organization is to provide customer satisfaction by building product and services, which not only satisfy needs and want but also create value for them.
This requires product design based on the customer feedback and production process which not only minimizes cost but also provides a competitive advantage. However, most organizations tend to follow conventional production method and process.
However, in the global age of new technology and competition organization have to re-invent the way they cater to needs of customer, focus on specialization and customization is ever increasing. Given this scenario it is imperative for the organization to integrate technology and innovation within the framework of integrated product and process development.
Integrated product and process development combines the product design processes along with the process design process to create a new standard for producing competitive and high-quality products.
Integration of new technologies and methods provide a complete new dimension to product design process. This process starts with defining of the requirements of products based on the customer feedback while considering the design layout and other constraints. Once the finer details are finalized, they are fed into CAD models where extensive testing and modeling are done to get the best product.
With integration of production method and technology with product design, it is natural for integration of product design and process design. Therefore, integrated product and process development can be defined as a process starting from product idea to development of final product through modern technology and process management practices while minimizing cost and maximizing efficiency.
Organization stands to benefit greatly from the implementation of IPPD. Some of the advantages are as follows:
There are certain factors, which can vastly improve IPPD. These factors are as follows:
Customer is the focal point of IPPD. Therefore, constant feedback from them is essential for IPPD to be a success.
Therefore, IPPD is approach design to address all the concern of modern organization in the globalized world.
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