Homeowners and businesses spend an annual rate of $623 billion on construction projects, according to the August 2013 edition of "U.S. Census Bureau News." The U.S. Bureau of Statistics divides ...

According to the U.S. Department of Education, operations management is a field of business involved with managing and directing the physical and technical functions of a business or organization.

In today's volatile business environment, CEOs are increasingly recognizing that sales, inventory and operations planning (SIOP) is not merely an operational function but also a strategic lever for ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Analyst insight: Many companies have launched sales and operations planning (S&OP) initiatives, with varying degrees of success. Those who have achieved significant benefits have done so through the ...

The year before my battalion's deployment to Afghanistan was the first time our brigade was afforded the opportunity to execute a 12-month training cycle. This allowed team- through brigade-level ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...