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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. Maybe they wanted to show the thinking behind how requests for things like upgraded tooling were evaluated.

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Toyota Kata: What If There Is No Takt Time?

The Lean Thinker

The whole goal of an ideal “Just-in-Time” system is that we have only the capacity required to meet the demand. If I need to make 96 units during the course of an 8 hour day, then I need to have made 48 units in four hours. Don’t Confuse the Tool with the Goal. It means we need to find a different tool.

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It’s Hard to Learn if you Already Know

The Lean Thinker

But we do have the tools to figure it out. ” Think of the key difference in a meeting between everyone sitting at the table talking about the problem vs. what happens if someone stands up and starts to draw it out on a whiteboard. The “Lean Tools” Let’s take something as simple as standard work.

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Industry 4.0: Building the right skills to meet the factory of the future

SYSPRO Smarter ERP

A meeting between two pioneers during a cocktail party in 1956 turned out to be a defining moment in the world of manufacturing. Of course, robotics does not tell the full story, as the world of manufacturing has evolved even further over the last few decades, with the rise of data and smart, autonomous systems. The post Industry 4.0:

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7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

Procurement helps companies adapt, meet new regulatory requirements and shift supply to optimize an evolving tariff landscape. This is a key reason why so many companies switch providers—they realize too late that the technology doesn’t meet their ongoing needs. It’s safe to say that the only certainty about the future is uncertainty.

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Invest in These Capabilities to Drive Supply Chain Excellence

AIMMS

The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. Prescriptive analytics “describes a set of analytical capabilities that finds a course of action to meet a predefined objective, such as maximizing revenue or minimizing costs.”

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Gamification and Robotics Level Up Employee Engagement

Logistics Viewpoints

The robots provide helpful information along the workflow cycle, they travel to employees, meet employees at work locations, or move material without associate intervention. In addition to his VP role, John is an adjunct instructor at The University of Massachusetts Lowell where he teaches a course on supply chain and logistics.