Economic analysis tools help companies make informed decisions, including opportunity cost versus sunk cost, comparative advantage, and the production possibilities frontier. Making the wrong choice can lead to little or no profit, while comparative advantage ensures a firm engages in activities where it is most efficient. The production possibilities frontier helps companies determine how much […]
Network marketing involves a business network of producers and distributors who receive commissions for selling and recruiting others. Network marketing tools include software, metrics, and devices that promote network marketing, but some can be illegal or misused. Email and contact management programs are legitimate tools, but must comply with laws. Other tools include websites, forums, […]
Companies need process management tools like service catalogues, monitoring, and status management to streamline and manage business processes. Linux process management and sales process systems are examples of such tools. Workflow products and process monitoring software also help with business process automation. As companies evolve into the modern era of business process automation, oversight and […]
Business process mapping uses visual layouts to explain functions. Mapping tools, such as software, can document, review, and revise processes, identify inefficiencies, and automate functions. They can also help comply with regulations and ensure uniformity across departments. Business process mapping is a concept that uses written words and visual layouts to explain typical functions. As […]
Consider the job type, accuracy, range, and self-leveling needs when choosing a laser level tool. Hand-held line levels are suitable for home projects, while professionals require self-leveling rotary laser levels. Outdoor jobs need high accuracy rates over long ranges. A highly visible beam and long battery life are important. When choosing laser level tools, it […]
Power tools have evolved from large water or wind-powered machines to smaller electric and air-powered devices. Air tools are gaining popularity due to their mobility and lower maintenance costs. They can be used for various applications and are often lighter than power tools. Air tools are operated with adjustable pneumatic pressure and are better suited […]
Various drywall tools are available for professionals and beginners, from automatic devices to portable equipment. Basic tools include a drywall hammer, tape measure, saw, and all-purpose razor. Taping knives, jointing knives, mud pan, post sander, and sponge sanding blocks are also essential. Power drills, T-squares, and banjo cones are used by professionals, while screw guns […]
Machinists use various tools to make or repair metal parts, including milling machines, lathes, grinders, and gauges. CNC machines are used for mass production. Different materials require different cutting tools and skills. A machinist uses a variety of tools to make or repair metal parts. Some machinist’s tools are quite large and are used for […]
Solder is a low-melting metal alloy used to join other metals or wires. Soldering tools include irons, stands, pliers, and safety goggles. Welding tools include guns, torches, and hot air pencils, each with unique features for different applications. Solder—pronounced SAW dur: you don’t say L—is a metal alloy that can fuse with other metals when […]
BPO tools are services offered by third parties to outsource business processes for a fee. Vertical tools complete a specific activity’s unique tasks, while horizontal tools complete correlated tasks for multiple activities. Data entry and customer service are commonly outsourced activities. Companies can choose local or international sourcing partners and bundle or separate services. BPO […]
Lean tools are processes and strategies used to identify and resolve problems in production, minimizing waste and increasing efficiency. Lean manufacturing aims to create quality products while avoiding wasteful resource use. Lean tools include Six Sigma, activity-based costing, and physical items like color-coded labels and transparent containers. Sometimes referred to as lean manufacturing tools, lean […]
Portable machine tools are smaller and easier to use than bulkier tools. They include drills, grinders, sanders, and saws. Care must be taken when using them to avoid injury. Portable machine tools come in various forms that make tasks such as cutting, drilling or sawing much easier than using bulkier and heavier tools. They can […]
Plumbers use various tools to install and repair water pipes and fixtures. They use specialized tools such as pliers, pipe cutters, plungers, and plumbing snakes. They also use tape and glue to prevent leaks and secure pipes. Some plumbers specialize in laying large pressurized pipes. Basic plumbing tools are available for home and business owners, […]
Lathe tools come in different shapes and sizes for cutting, forming, or removing material from stock. They can be divided into wood and metal lathe tools, and by function. Specialized tools are also available for specific tasks. Tools must be used correctly to avoid defects, damage, or injury. Turning tools cut, form, or remove material […]
Forging involves heating metal and shaping it with tools such as the forge, anvil, hammer, tongs, and slack vat. Safety is important, and training is necessary to handle tools correctly and avoid injury. The forge heats metal with charcoal and air, while the anvil allows for hammering into different shapes. Cooling in the slack vat […]
CNC machining tools are computer-controlled machines used for cutting, grinding, and drilling. They include routers, lathes, and drilling machines, as well as EDM machines, laser cutters, and waterjet profiling machines. The main component is the machine control unit, which reads instructions and sends motion commands to operate the axis mechanisms. CNC machining tools are used […]
Assembly tools, including drills, screwdrivers, and wrenches, are used in electric, pneumatic, and manual configurations on assembly lines worldwide. Power tools are prevalent, making tasks easier for workers. A combination of power and hand tools is typical, and many tools are suspended from above for easy access. There are several types of assembly tools in […]
Irrigation tools include drip and underground irrigation tools, sprinklers, hoses, and irrigation timers. Watering cans are also important. These tools can be found through various companies and are sold in stores such as home and garden stores and supermarkets. An irrigation tool is any type of tool or device used to design, maintain and/or repair […]
Linux tools handle tasks such as system monitoring, network configuration, software management, security, and software development. They can be accessed through a GUI or shell and may be specific to certain distributions. Tools include anaconda, YUM, RPM, and CUPS. Among the various tasks handled using Linux tools are system monitoring, network configuration and control, system […]
Twitter tools are available in various categories, including follower management, tweet organization, trend analysis, and remote access. Businesses often use Twitter to isolate good strategies. New tools are constantly being developed, but it’s common to continue using the same ones. There are thousands of individual Twitter tools available on the Internet. Each tool usually performs […]
