Key Points Defects are anything that doesn’t align with customer expectations. They are costly to remediate and can diminish ...

Key Points Yield can quantify many things in Lean Six Sigma. It is frequently used as a KPI in process improvement.

As more building project teams look for ways to collaborate better, technology continues to provide solutions. Yet, as I learned from the experience of one of my customers, choosing the wrong ...

Lean manufacturing and Six Sigma principals are used to improve processes and create efficiencies in the overall manufacturing process. Lean manufacturing is used to minimize waste, while saving ...

Process came into focus 30 years ago when lean manufacturing became the rage. It was not a fad because the notion of efficiency, eliminating waste and best practice made sense then and still makes ...

You might have heard about lean manufacturing techniques and how they’ve helped companies such as Toyota streamline their processes, reduce waste, minimize costs and increase productivity. But ...

EXECUTIVE SUMMARY Lean accounting concepts are designed to better reflect the financial performance of a company that has implemented lean manufacturing processes. These may include organizing costs ...

Lean manufacturing includes the minimization or near elimination of storage time for incoming materials and outgoing products. Implementing a just-in-time ordering system is necessary to ensure ...

While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

Lean accounting concepts are designed to better reflect the financial performance of a company that has implemented lean manufacturing processes. These may include methods such as organizing costs by ...