In this generation of tough competition it is vital to reduce costs and increase profitability. One of the most convenient ways of achieving this is to reduce production cost ideally achieved by reducing procurement cost of different factors of production. Land, human resources, capital, technology and raw materials are the […]
Day: May 1, 2023
There has been a lot of talk about agile development. In recent years, agile development was surpassed by lean development which adopted many great practices from agile development, but added elements of speed and cost-effectiveness to the overall process. The focus shifted a little bit towards innovation rather than quality […]