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Learnings at life and work

Blog Payment Gateway Basics

Payment Gateway Basics

Posted on September 11, 2024September 13, 2024 By Ashwini Kamath

Key components of e-commerce managed by the merchant (seller) include the products or services offered, the target audience, competitors, operational costs, and the online platform, which usually incorporates a payment gateway to facilitate transactions. Commonly known as a Payment Gateway (PG), this technology enables customers to securely complete transactions using…

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Lean Six Sigma Formulae Lean Six Sigma

Formulae concepts of Lean Six Sigma

Posted on March 12, 2024 By Ashwini Kamath

White Belt: The “Find-What’s-Wrong” Formula (DMAIC) Define: What’s the mystery? (What are we trying to fix?) Measure: How big is the mystery? (How often does the problem happen?) Analyze: Why did the mystery happen? (What causes the problem?) Improve: How can we solve the mystery? (What can we do to…

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Lean Six Sigma Lean Six Sigma Black Belt

Driving organizational excellence using Lean Six Sigma Black Belt concepts

Posted on March 11, 2024 By Ashwini Kamath

Black Belt concepts of statistical analysis along with project and change management are used in solving complex problems and leading significant projects. Such roles help fostering innovation and driving sustainable practices within organizations.   Advanced Tools and Techniques: Statistical tools and methods (e.g., multivariate analysis, complex design of experiments, simulation…

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Lean Six Sigma Lean Six Sigma Black Belt

Project Leadership through Lean Six Sigma Green Belt

Posted on March 11, 2024 By Ashwini Kamath

Interesting concepts of Project Management are used extensively while implementing concepts of Green Belt. Apart from setting scope, timelines, resources lot of strategies related to Change Management are used to lead change within an organization. These approaches help address resistance and ensure stakeholder engagement.   Advanced Tools and Techniques: Statistical…

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Lean Six Sigma Lean Six Sigma Yellow Belt

Deeper understanding of Lean Six Sigma methodologies (Yellow Belt)

Posted on March 11, 2024 By Ashwini Kamath

Process Improvement Strategies: DMAIC framework are used extensively to identify and solve problems more effectively. Value stream mapping, which offers a more detailed approach than basic process mapping to identify and eliminate waste. Kaizen Events are short-term improvement actions which help a lot in continuous improvement.   Root Cause Analysis:…

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