The Institute of Industrial Engineers training

Custom Corporate Training To Advance Productivity And Your Bottom Line. IISE has significantly advanced business goals for companies of all sizes and sectors through our highly regarded corporate training programs. We are experts at creating training solutions that drive impactful organizational change.

In today’s workplace, it is nearly impossible for an engineer to perform without considering the financial impact of every action on the organization’s bottom line. Traditional industrial engineering decision-making tools are not always sufficient to help cut through to the bottom line. Make your profit center shine with sound financial management to supplement good engineering and other technology. This course introduces basic financial management to engineers and technical personnel who need this knowledge to manage a profit center effectively. Learn practical solutions as well as all the jargon of the trade. A must for newly minted managers from the engineer ranks. The course also covers the analysis necessary for such long-term financial decisions as issuance of stock or bonds; contracting of leases or loans and financing of a new enterprise; mergers, capital budgeting, the cost of capital and the valuation of a business. 

Statistical process control (SPC) involves using statistical techniques to measure and analyze the variation in processes. Most often used for manufacturing processes, the intent of SPC is to monitor process quality and maintain processes to fixed targets. SPC is used to monitor the consistency of processes used to manufacture a product as designed. It aims to get and keep processes under control. No matter how good or bad the design, SPC can ensure that the product or service is being produced as designed and intended. Thus, SPC will not improve a poorly designed product`s reliability, but can be used to maintain the consistency of how the product is made and, therefore, of the manufactured product itself and its as-designed reliability.

This self-paced online seminar may be started any time and must be completed within one year, giving you the flexibility to complete the material on a schedule that is convenient for you. There is an online examination at the end of the course. Access to an instructor who can answer your questions is available at any time via e-mail.