High Volume Discreet Part Manufacturer Over the previous years there were several attempts to deal with the situation. Ultimately none proved to be successful as the client was busy dealing with increased sales, new products, customers and suppliers and trying to...
The bullwhip effect has long been known and repeated over and over again irrespective of the latest software and tenure in supply chain management. It may be a generational learning thing. As demand picks up, even not by a lot, customer satisfaction as measured by...
Jim Longshore and Dick Scott collaborated on this blog to provide a sample of techniques taught during the MBB curriculum. Additional information on our upcoming Master Black Belt wave can be found here. Scenario: You just finished your Design of Experiments and...
Over 32 million adults are functionally illiterate, they’re in your workforce and more are coming. Can your processes and management systems deal with this? They can when you use the Lean Management System! Lean Learning Model Standard Work, especially...
The term, “economic moat” was coined by Warren Buffett. Morningstar have taken this term and developed an economic moat assessment to help it rate companies. Their definition is: In a free-market economy, capital seeks the areas of highest return. Whenever a company...
SUMMARY All organizations are constantly seeking ways to drive continuous improvement. The speed and magnitude of these improvements can be increased if we can tap into the reservoir of creativity that exists within your organization and harness the best practices...