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Articles Database Menu - Lean and Operations management
Articles on Operations and Business management, Business strategy and Lean manufacturing
Welcome to our article menu where you will find articles on a wide variety of subjects relating to Operations & business management, lean manufacturing and business strategy with real issues faced by managers, engineers and businesses. Our articles are organised in four different areas of interest for our readers, which are:
-Lean manufacturing articles
These will include articles where the lean manufacturing techniques and concepts have been applied to specific problems, issues with implementation of such concepts and benefits they can achieve in variety of businesses.
Articles
How to Implement a Pull System on the Project Portfolio Level
Knowledge-driven industries like software development, marketing, and asset management have found the concept of a pull system to be a...
Cost of Delay: The Economic Impact of a Delay in Project Delivery
In any business or project, time is money and delays are lost money. Delays in project delivery are costly since...
What is Unplanned Downtime? Causes and Solutions
Unplanned downtime is a costly and a disruptive challenge for many industries, particularly those relying heavily on equipment and technology...
Lean Six Sigma Tools and Techniques
Lean Six Sigma is a structured approach to improving business processes by eliminating waste, reducing variation, and delivering high-quality products...
How to Do Root Cause Analysis in 6 Steps?
Root cause analysis is a structured problem-solving approach used to identify the fundamental causes of issues in order to...
Takt Time: What Is It And How To Measure It?
According to a recent study, manufacturers observed a 25% reduction in production time after understanding and efficiently implementing tools to...
Gross Profit vs. Operating Income: 3 Reasons to Measure Both
Gross profit and operating income are two key metrics in business finance that play a pivotal role in understanding a...
Eliminating and Reduction of The 7 Wastes of Lean Production
Originated in the Toyota car manufacturing company, Lean production is an approach designed to optimize value adding processes and eliminate...
Little's Law: The Road To Stable And Predictable Systems
Achieving a stable and predictable work flow is often challenging in the world of project management. Managers are constantly on...
The Benefits Of Root Cause Analysis In Continuous Improvement
Continuous improvement is mandatory for businesses that aim to thrive keeping in view the current business landscape that’s continuously evolving...
Definition Of Value In Lean Manufacturing
Companies are increasingly recognizing the importance of being customer-focused in the modern, competitive business landscape. They’ve understood how this trait...
Lean Methods To Improve Material Flow
Material flow is an important topic in any manufacturing operation. When materials move smoothly and efficiently through production, it...
Understanding Cost Per Unit: A Comprehensive Guide
If you are a new business owner,you might be figuring out things like how to calculate cost per unit....
Reduce Inventory Costs: Effective Strategies for Inventory Management
Get ready to reduce stock out and stock over by 10% through effective inventory management. Businesses are constantly struggling to...
What Are Inventory Holding Costs?
Inventory holding costs account for any expenditure that businesses have to bear while storing their unsold inventory. A number of...
How to Build a Resilient Supply Chain for an Importing Business?
Resilient supply chains support a business’s success and sustainability. In the current volatile global economy I call for a foolproof,...
What Are Production Costs And The Best Practices For Controlling Them?
Production costs refer to the total amount that a manufacturer spends on his product or service in the manufacturing process....
Top 10 Issues Caused By Ignoring Capacity Utilization In Manufacturing
Manufacturing involves a series of processes from designing the process itself to strategies, resource allocation, and workforce duties, to production...
Capacity Utilization And How To Calculate It
Overproduction or underproduction? Factories and industries constantly battle these two states when running a business, and this situation always...
The Future Of Quality Management: Trends To Watch In 2024
The Field of Quality Management has been around for over a century and continues to evolve and play a central...