This column will introduce a lead-time metric that has seen 20 years of successful application in industry and fits-to-a-T what is needed for Next Generation Lean. This inclusion of suppliers and ...
The feedback from my March 1 article about OEMs needing to increase their awareness of total supplier value-add above and beyond piece price was along the lines of: “Yeah, right. A nice vision that ...
BZI® Presented Metrics That Demonstrate Its Pre-assembly, Panelization Methods and Tools Mitigate Hazards, Increase Efficiency, and Provide Additional Opportunities for Cost Savings at the 2025 Lean ...
Key Points Six Sigma’s focus on waste reduction, resource optimization, and data-driven decision-making naturally supports green business practices, helping organizations improve both environmental ...
More and more companies, government agencies, educational institutions and philanthropic organizations are today in the grip of a new phenomenon. I’ve termed it “metric fixation.” The key components ...
Measuring performance is a key to evaluating how well employees are doing their work and companies are meeting their targets. A good performance metric gives hard data and yields results that measure ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Measurement matters. But it matters most if you measure what truly matters. And when it ...