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Boeing: The Turning Point(s)

The Lean Thinker

Of course, a high stock price enriches those people who already own shares, and makes options and stock grants more valuable, but they didn’t get into that either. These study missions were quite eye-opening for the participants. Soon after these study missions someone decided, “Everyone in management needs to hear this.”

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A Guide to Supply Chain Key Performance Indicators (KPIs)

Logistics Bureau

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

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TWI: Is it Time to Rethink Job Relations?

The Lean Thinker

During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). The challenge, of course, is that nobody owns this material. Now… reality is more subtle than this, of course. War Manpower Commission.

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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

Of course, it can add up to a vast pool of data, so realistically, access to advanced modelling and analytics tools will be essential to get the most value from it. Its worth remembering, for example, that secondary distribution tends to generate higher transportation costs than primary distribution.

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A Lean Leadership Pocket Card

The Lean Thinker

The article, in turn, summarizes (and slightly updates) Spear’s findings from his PhD work studying Toyota. Here’s an example: Say your plant has a set of rules about how fork trucks are to be operated – speed limits, staying out of marked pedestrian lanes, etc. Kent Bowen. Sometimes that gap is small.

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure.

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The History of Fleet Route Optimisation in Logistics

Logistics Bureau

Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics. Is Your Fleet Routing the Best It Can Be?