Understanding Supply Chain Management (SCM) and Its Importance

Discover how supply chain management optimizes production and distribution, reduces costs, and enhances efficiency from raw ...
Forbes

Looking At Strategic Management Through A Financial Model Lens

Defining strategic management has never been easy. I recently confronted this problem again while teaching two courses on strategic management this past summer. I have taught strategic management many ...
IndustryWeek

How to Use a Stage-Gate Process to Manage Organizational Change

According to a recent study by KPMG, approximately 93% of all U.S. multinational organizations are undergoing some level of transformation in their business models—ranging from adjusting business ...
ISA

Author Q&A: Nonlinear Model-Based Control - Using First-Principles Models in Process Control

Author Dr. R. Russell Rhinehart discusses his new book, Nonlinear Model-Based Control: Using First-Principles Models in Process Control, and explains why nonlinear first-principles models should be ...
Oil

Rigorous process models improve profits in Louisiana refinery

An operations planning and economics improvement project at ConocoPhillips's Lake Charles, La., refinery successfully developed and implemented high-quality kinetic process models used for unit ...