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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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This is an exhaustive list of Key Performance Indicators (KPIs) for a Manufacturing Operations Manager. These KPIs are aligned with Lean initiatives–specifically, Cultural Transformation, Continuous Improvement, elimination of all Wastes, associates becoming process and problem… Do You Know All the KPIs for a Manufacturing Operations Manager?
Computer security, also known as cybersecurity or IT security, is security applied to computing devices such as computers and smartphones, as well as computer networks such as private and public networks, including the whole Internet.… Isn’t It Time to Think about Cybersecurity?
Trust is built on credibility and credibility comes from acting in others’ interests before your own. – anonymous If leaders have credibility, people want to work for them. But credibility is important in many areas, not… Credibility in the Supply Chain and Elsewhere
The postponement strategy is based on the following two basic principles of demand forecasting. The accuracy of forecast demand decreases with an increase in the time horizon. The farther the time window for which the demand is… Have You Heard of Postponement Strategy in the Supply Chain?
We should all listen to the Voice of the Customer (VoC) in this customer centric market to improve our business operations. VoC isn’t just for your valued external customers, but also your valued internal customers,… Voice of the Customer: Internal and External
Software is a necessity in all facets of business today, but people are needed to manage the software and ensure data integrity for accurate data output. People are your most important product. Use them to… Effective Use of Cross-functional Teams
Why implement Lean in the Office? If you think Lean only applies to industry and manufacturing processes, you are wrong! Here’s why: The operational efficiency of a company should not be simply restricted to the… Lean Initiatives in the Office
Note from the Editor: This is the second of a series of articles written by Charles Intrieri related to Lean Initiatives. The previous article can be found here and we suggest you read it first, if you haven’t already. … Why Lean Initiatives Fail in a Company (Part 2)
Note from the Editor: This is the first of a series of articles written by Charles Intrieri related to Lean Initiatives. In the next article, Charles will review Kaizen, Kanban, and Lean Six Sigma, along with the benefits of implementing… Why Lean Initiatives Fail in a Company
More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve… Lean Inventory Management: Using Lean Initiatives to Manage Inventory
Business Continuity Planning (BCP), sometimes also called Business Continuity and Resiliency Planning (BCRP), helps a company continue operations under adverse conditions, such as a disaster striking and shutting down the company’s headquarters. It does this… Business Continuity Planning
Think of a Paradigm Shift as a change from one way of thinking to another. It’s a revolution, a transformation, a sort of metamorphosis. It just does not happen, but rather it is driven by… 10 Principles of Change Management