Timwood Lean Refers to the 7 Waste of Lean
Managing a competent business entity covers lean manufacturing which is a technique for reducing waste that influences manufacturing strategies, production, and customer relationships. This method is useful in minimizing costs, boost profits, improve lead times, and increase customer satisfaction for an organisation. The term of "TIMWOOD" stands for: Transport, [...]
Training Needs Analysis Methods Beneficial for Your Business
Training Needs Analysis" (TNA) is the strategy to determine whether a training need exists and, in the event that it does, what training is required to fill the gap. TNA looks to recognize precisely the levels of the current circumstance in the objective interview, observation, secondary data as well [...]
Stock Rotation and Why It Is Important
Stock rotation is a very popular strategy used in small and big retail stores. Basically, the process entails presenting older products for sale more conspicuously than products that were gotten recently. The purpose of this rotating process is to push older items out the door so as to give [...]
The Difference Between Lead Time vs Cycle Time
As said by Henry Ford “Time waste differs from material waste in that there can be no salvage. The easiest of all wastes and the hardest to correct is the waste of time, because wasted time does not litter the floor like wasted material.” When we create an accurate, [...]
How to Create an Efficient Flow Production
Every company needs a sound flow production plan to maximize productivity. However, for a complex process that covers a wide variety of activities effective production planning is required to ensure that equipment, materials and human resources are available where and when they are needed. Production planning is like a [...]
Using A3 Problem Solving Within Lean
A major part of our everyday work routine is definitely related to problem solving. Whether big or small, problems are unavoidable in our work. But, if you try to eliminate a problem as fast as possible, you might have to face that same problem over again. So, instead of [...]