Oniqua Intelligent MRO Blog

Delivering value means valuing both the measurable and the intangible

Posted by Oniqua

9/29/14 3:02 PM

Measurable value keeps us focused and on track; intangible value helps drive continuous improvement

For centuries philosophers have pondered questions of why and how we humans place value on the people, ideas and objects in the world around us. There’s even a specific category to question value: Axiology. The Oxford Dictionary defines value as the importance, worth, or usefulness of something. Classical economists define the value of an object or condition as the amount of discomfort or labor saved through the consumption or use of the object or condition.

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Topics: inventory optimization, Continuous improvement, Customer Success

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