Learn how the flow of costs impacts manufacturing firms, covering raw materials, work-in-process, finished goods, and cost of goods sold with practical examples and methods.

You can draw a flowchart for processes in Microsoft Excel without using an external add-on. There are mainly two methods to do so. You can use one or a combination of both methods to create a ...

The steps of a complex process can be displayed in sequence using a graphic referred to as a process flowchart. The graphic explains the way a process is or should be functioning, depending on the ...

As a business owner, you should always be striving to improve the efficiency of your workplace, so you should welcome any tool or resource that helps you accomplish that task. Streamlining the ...

The first article in this two-part series (OGJ, May 6, 2013, p. 94) presented four process safety examples of possible inadequate overpressure protection design in amine natural gas sweetening, glycol ...