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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. Those groups came back from their experience with an visceral understanding that the status-quo wasn’t going to cut it in the face of the then newly emerging Airbus.

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“A3” is an Obligation for the Coach

The Lean Thinker

” They teach “problem solving” courses so people can learn to do this properly. We had case studies, exercises, all in an effort to teach people to be better problem solvers. ” The thought was that because Toyota has good problem solvers, that their course must be really good. That, of course, is a start.

Course 273
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Top courses to upskill manufacturers

SYSPRO Smarter ERP

The last few years have proven that manufacturers need to be agile to respond to market demands at all levels of the operation without increasing costs and waste or sacrificing efficiency. Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap.

Course 105
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Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing? What is Value Analysis?

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A Lean Leadership Pocket Card

The Lean Thinker

But in general the operators hurry, cut a corner now and then. To paraphrase Elon Musk, the greatest waste of time is improving something that shouldn’t even exist. 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.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?