4C Consulting

  Assets whether small or big are an integral part of any organization. In simple words, assets can be tangible or intangible and include everything from IT components, property, inventory, and intellectual property, owned or leased by a company to operate. The assets have a great potential to add value to any business. ISO 55001- Asset Management System (AMS) It is important to manage assets effectively and ISO 55001 is capable of that. ISO 55001 is the international standard that helps organisations effectively manage their assets to optimize their lifetime value. ISO 55001 is especially crucial in industries that are capital intensive and have numerous assets. ISO 55001 provides a competent asset management framework to establish, implement, maintain, and improve effective control and governance of assets to realize value through managing risk and opportunity, in order to achieve the desired balance of cost, risk, and performance. Some of the significant improvements w...

  “As much as 95 per cent of all quality-related problems in the factory can be solved with seven fundamental quantitative tools.” -Kaoru Ishikawa, The inventor of Fishbone Diagram In today’s customer-centric market, quality is an integral factor in the growth and sustainability of any business. Businesses go the extra mile to provide the best and excellent customer experience to ensure customer satisfaction. Hence, efficient quality management which has the highest impact on customer experience is one of the most essential features for any business. Introduced by Kaoru Ishikawa, the seven basic tools of quality also known as 7 QC tools are very effective in quality management and quality assurance process. So, businesses who want to ensure competitive and excellent quality of their products and services can utilize the proven 7QC tools for structuring a strategic plan for quality improvement. LIST OF 7 QC TOOLS Cause and Effect Diagram Cause and Effect Diagram also known as Fishb...