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Boeing: The Turning Point(s)

The Lean Thinker

Nor did they talk about executive bonuses or using excess cash for stock buybacks to raise the price of outstanding stock rather than investing that money into developing new aircraft; improving existing products or processes; or distributing that profit as dividends to the shareholders. I hired into Boeing in July of 1989.

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Warehouse Product Slotting: The Ultimate Guide

Logistics Bureau

If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. So here it is—your ultimate guide to warehouse product slotting. What is Product Slotting. As this is an “ultimate” guide, we’ll start with the basics.

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Raising Productivity in Logistics Operations: The BHAG Approach

Logistics Bureau

The person who gave the presentation I attended offered the example of a speech by late US President John F. As I explain in a YouTube video on this subject, I recently saw a good example of how a BHAG can galvanise a workforce and make a dramatic impact on productivity. Slowly the productivity went up.

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What are Reverse Logistics?

Logistics Bureau

Products come back in dribs and drabs, not in nearly packaged batches. Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supply chain. Tempting, but wrong.

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Ambitious Growth Plans? Your Customers Will Right-Size You

The Lean Thinker

He is reflecting his experience in varied industries that if a company grows beyond its ability to deliver quality product, on time, then order volume will drop until it reaches a point that performance returns. Then ask “What is our plan to close this gap?” – and run the same exercise on executing that plan.

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What is 3PL? A Full Explanation

Logistics Bureau

A 3PL (Third-Party Logistics provider) is a company that takes care of your logistics operations – everything from warehousing your products to getting them where they need to go. Robinson are great examples of major 3PLs that have transformed the industry. That’s exactly where 3PLs shine.

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A Lean Leadership Pocket Card

The Lean Thinker

The fundamentals are based on the “Rules-in-Use” from Decoding the DNA of the Toyota Production System , a landmark HBR article by Steve Spear and H. The path for every product is simple and direct. The path a product follows deviates from the route specified. It is the direction that matters, not the reminders.