Any management system within an organization can be said to be "open" or "closed." An open systems interacts with other systems through the free passing of information, whereas closed systems operate ...

Supply chain management can be regarded as being composed of different stages that represent physical locations, processing activities and/or bill of materials, or BOM. These stages can further be ...

Two heads are better than one, right? How about two kinds of HVAC systems — or more than two? Following are three examples of how contractors have combined different high-end systems to create a ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Enterprise resource planning (ERP) systems help companies in ...

Significant changes are occurring throughout the healthcare industry. As hospitals and health systems develop their strategies, they need to determine how to adapt to these changes to be successful in ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...