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The Origin of Operational Excellence – Part 20 When we descend from the philosophy to action – we need some guiding principles. That’s what I discussed in this article – The Principles of Kaizen! Click here to read the full article
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The Origin of Operational Excellence – Part 21 What makes a Kaizen Workshop successful and thrilling? Sharing my thoughts and learning on Kaizen Workshops – the practice of Rapid Improvement. Click here to read the full article
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The Origin of Operational Excellence: Part 22 Sharing my thoughts and experiences on the Practice of Kaizen Problem Solving, reasons for its high-impact results and how this approach is different from that of Six Sigma. Click here to read the full article
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Origin of Operational Excellence: Part 23 In this final article on Kaizen, I discuss the need for suggestion systems in an organisation, how to improve the flow of valid suggestions and who is responsible for a successful suggestion system. Click here to read the full article
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What is Cash to Cash Cycle? Cash to cash cycle time is the time lapse between payment to suppliers and getting payment from the customers. Every business exists to provide a tangible or intangible product to the people in need and make money out of those provisions in the form of profit. A company has
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What is Lead Time? Lead time is the time required to complete the set of processes – from start to finish. There are 3 types of such measures in Business Process. Order LT The time required to complete the order – from order receipt to product/service delivery to the consumer. Processing LT The time required
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Muda Muda is a Japanese word meaning Waste. So, any activity that consumes time and effort and fails to produce the desired outcome is termed as Waste. In a production plant, people transport materials from one place to another for storage of for next processing. The activity of transporting consumes their time and effort. But the
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What is Takt Time? Takt time is the time given by the client to the manufacturer to pull out one piece of finished material from the plant. In other words, it is the time (frequency) at which the manufacturing plant to complete one unit of its product. We can also describe it as the demanded
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What is Cycle Time? Cycle Time is the time required by an operation or by a machine to complete the processing of one component. How to calculate Cycle Time? Start your stopwatch when a completed component comes out of a machine (or a person completes working on a component). Stop your timer when the next
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Lean Training with Value Stream Mapping (VSM) Lean Training with VSM is designed for people who are interested in learning the Lean Transformation using VSM. Value Stream Mapping – the mapping of Material and Information Flow – as it is known in Toyota is the fundamental tool of Lean Transformation. It helps us in mapping
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