Tag: 4m changes
-
Difference between Outsource Process and Bought-Out Parts (BOP)
—
by
“The only difference between a rut and a grave are the dimensions” – Ellen Glasgow Introduction We procure electronic goods through online portals like Amazon. For our daily needs, we purchase groceries from the nearby market. For marriages, many specialized activities like makeup, decoration, food catering, photography etc. are outsourced. The economic prosperity of many developing…
-
4M (Man, Machine, Material, Method) Changes
—
by
“Slowness to change usually means fear of the new.” – Philip Crosby Introduction Change (permanent or temporary) is inevitable and is part & parcel of our lives. It may be the government’s economic policies, global warming, pandemics like COVID, emission norms transition from Euro IV to VI or LGBT rights. The list is endless. The…