PMO in many organizations defines and maintains processes, based on project management principles, which are further based on accepted, industry standard methodologies such as PMBOK or PRINCE2. As PMO owns the processes and is responsible for facilitating the strategic alignment of organization’s projects to core business objectives, PMO can play a key role in helping organizations to meet their GREEN objectives.
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Wikipedia defines lean manufacturing as “The process of implementing a smooth flow of manufacturing by removal of wastes in the business processes”. Speed and asset leanness are two necessary but contrasting conditions for achieving lean manufacturing.
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Demanding customers and increasing competitors are some of the biggest challenges faced by any manufacturer in current business scenarios. Each customer would like to make some variations in the standard product to verify if it matches his unique requirements. At the same time he expects to view the customized product as soon as possible. As per a study done by Giga Information group, the acceptable response time a customer would expect for viewing the result of a modification demand is up to 20 seconds.
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