A manufacturing plant produces more than just goods. It’s also a data factory. Every asset, product, process and system on the plant floor creates and contributes to a staggering volume of data. One ...
You’re probably familiar with the principles of lean manufacturing. Stripped to its roots, lean focuses on decreasing waste, increasing value to the customer and a process of continuous improvement.
Simply put, lean is the practice of creating more value with fewer resources. The concept is inspired by the Japanese management theory from Toyota, where lean concepts are designed to improve and ...
Opinions expressed by Entrepreneur contributors are their own. If you’ve recently launched a startup, I’m sure that you’ve heard a lot about being “lean.” But I’m not here to discuss the methodology ...
In today’s fast-paced, globalized business world, competition among modern corporations is fierce. In this climate, every competitive edge matters, leading business professionals to continually ...
The adoption of lean business principles could well be described as an Olympic sport for companies. It helps them do things quicker, better, and cheaper. One common definition of a lean business model ...
In this article Computer Associates' Sumner Blount explains the four main principles of Lean GRC -- highlighting how companies can leverage the concepts of Lean Manufacturing and Lean IT to help ...
Supply chain disruptions and component shortages over the last few years have led many to suggest that lean principles may be going out of fashion. However, Tim McLean, Managing Director of TXM ...
Lean manufacturing may be decades old, but its relevance is only growing stronger in the age of Industry 4.0. As manufacturers increasingly adopt smart manufacturing technologies, a powerful evolution ...
To appreciate Glenn Ballard’s commitment to Lean project delivery, ask him about the fruit trees behind his Oakland, Calif., home. The University of California, Berkeley, retired professor and project ...