As part of a financial statement audit, auditors are required to obtain an understanding of a company's internal control system. Internal control is an interconnected web of policies, procedures, ...

A manager's responsibility is to get her team to achieve the organization's goals. The four functions of a manager are to plan, organize, lead and control her team. Feedback control is a process that ...

Some wonder if AI will replace PID control loops. The reality is that, instead of replacing PID, AI is stepping in to help keep things running smoothly without upending regulatory trust. Think of AI ...

An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Owners must manage capital projects well to keep costs under control and ensure a high-quality product is delivered on time. Good communication, sound procedures and processes, and high-tech tools can ...

Discover how next-gen motor management can cut energy use by 30%, boost efficiency, and reduce downtime. Schneider Electric’s ...

TYSONS CORNER, VA, June 8, 2018 ” Engility (NYSE: EGL) has received certification from the International Organization for Standardization for the company’s quality control process management after ...

Process excursion, or any deviation in a certain process, significantly impacts the cost of semiconductor manufacturing process and product yield. During production, process excursion can be detected ...