Strategy Driven

OCTOBER 11, 2023

From streamlining processes to taking advantage of technological solutions, these methods will help you save money while still providing excellent customer service. Consider ways to streamline tasks, such as using technology solutions or eliminating redundant steps. This will lead to faster turnaround times and higher performance.

Operations 106

Operations Cost Lean Manufacturing Outsourcing 106

Chartered Management Institute

MARCH 6, 2012

Despite this, many companies undertaking lean manufacturing do not measure the effectiveness of their efforts on improving the bottom line. You will then need to figure out how much implementing these savings will cost you. That is the finding of AlixPartners LP, a Chicago based consulting company.

ROI 86

ROI Process Six Sigma Lean Manufacturing 86

Harvard Business Review

MAY 28, 2015

Technologies like 3-D printing, robotics, advanced motion controls, and new methods for continuous manufacturing hold great potential for improving how companies design and build products to better serve customers. Managers constantly try to fit new market needs to existing processes and routines. Insight Center.

Technology 8

Technology Depreciation Christensen Short-term 8

Harvard Business Review

MAY 2, 2012

The ways individual companies achieve these straightforward goals fall in two basic categories: developing and adopting new management practices (such as total quality management, lean manufacturing, reengineering, and employee engagement), or adopting new technology and integrating it into the way work is done.

Productivity 15

Productivity Products Lean Manufacturing Technology 15

Harvard Business Review

MAY 31, 2016

It seemed as though everybody from the best-known software giants to basic industrial parts providers was marketing a “latest technological breakthrough” — even if it amounted to little more than a new sensor attached to an old piece of equipment. The technologies and processes that are transforming companies.

Operations 8

Operations Lean Manufacturing Technology Software 8

Harvard Business Review

MARCH 9, 2011

Thoughtful, useful, and personal, her answer cut to the heart of the issue while presenting an effective approach for managing it. I've seen organizations committed to making forwardability a core competence save literally scores of hours of top-management time. The problem?

Efficiency 14

Efficiency Lean Manufacturing Core Competence Agility 14